Posts tagged falsifying
The Port Strike Is a Reminder That Unions Have Too Much Power
October 18, 2024 // Union bosses can only behave this way because they have monopoly power over labor supply in certain industries. A 62% wage increase would cripple any normal business. Big Labor’s monopoly power, buttressed by an executive branch that greases the skids for union interests at every turn, allows union bosses to extract exorbitant benefits from port employers. This arrangement has benefited Daggett handsomely, given that his more than $1 million annual salary has afforded him a yacht, luxury cars, and multiple mansions.