Private sector unions serve their purpose when business owners abuse their workers. Wages are always limited by what the business can afford. Public sector unions have no market regulation on wages, and the result is ever-higher taxes and deficit spending. Private sector unions have diminished in power with the movement of jobs overseas, giving us a considerable trade deficit and the risk of a massive shock event when we can no longer purchase foreign goods with printed money. The solution will be painful following a failure of the financial system.
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