Enervated by unions – This Opinion Journal editorial compares
the decline of France, General Motors and New York State and how intractable labor laws have drained their capability to respond to fiscal pressures: “
At first glance, they seem to have little in common. But the riots in France over labor reform, the slow-motion suicide of General Motors, and the continuing decline of the New York economy all share one defining trait: entrenched and unchangeable union power.”
Captain Ed and
Betsy have more on the silly French and their otherworldly view of economics.
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