Posts tagged Bidenomics

    Congress Should Protect Federal Workers from Union Coercion

    August 10, 2023 // Any other business enterprise attempting to sell nearly irrevocable memberships without disclosing the terms up front would swiftly find itself in the sights of federal regulators. Just last month, the Federal Trade Commission sued Amazon in federal court for “failing to clearly and conspicuously disclose all material terms of the transaction” before signing people up for Prime memberships and “failing to provide a simple cancellation mechanism.” It’s time unions started playing by the same rules. The Paycheck Protection Act, just introduced in Congress by Representative Eric Burlison (R., Mo.), would increase union accountability by ending the collection of union dues via payroll deduction by federal agencies. Given the ubiquity and ease of electronic payment methods, there is simply no good reason to force taxpayers to subsidize a dues-collection system for a private, politically divisive special-interest group.

    Trump Makes Appeal to Unions Emboldened Under Biden Administration

    July 28, 2023 // F. Vincent Vernuccio, senior fellow at the Mackinac Center for Public Policy and the Center’s director of labor policy between 2012 and 2017, said that some of the UAW jobs could be going away because of the president’s push for electric vehicles. He pointed to a recent report estimating that the new electric vehicle targets could eliminate 117,000 manufacturing jobs. “You’re seeing it reflected in jobs moving down south to right-to-work states,” he said, referring to states that make forced unionization illegal. Employees who want to cross the picket line and work when unions have issued a strike have to do it legally, else face fines or other disciplinary action from the unions. He said that large, industrialized unions tend to have one-size-fits-all contracts that benefit some but not all workers, making the administration’s push for unionization where there was none before a net negative. He advocates instead for term flexibility for workers, unionized or not.

    Summer of discontent: will US strikes spell trouble for ‘union guy’ Biden?

    July 24, 2023 // On Thursday he was at the Philadelphia Shipyard in Pennsylvania to promote “Bidenomics”, a recently adopted slogan. The president said: “We have a plan that’s turning things around pretty quickly. ‘Bidenomics’ is just another way of saying ‘Restore the American Dream’.” But that message is still struggling to break through with voters. In a CNBC All-America Economic Survey released this week, 37% approve of Biden’s handling of the economy and 58% disapprove. In a Monmouth University poll, only three in 10 Americans feel the country is doing a better job recovering economically than the rest of the world since the pandemic. There is a baffling disconnect between these opinions and data that shows America defying predictions of recession and curbing price rises faster than other major economies. Inflation has fallen from 9% to 3% and is now at its lowest point in more than two years.