My, my! What a little socialist progressive indoctrination won’t do to a person…a society!
While the author of this article poses some good points for discussion, the crux of the article is simply erroneous. The dagger in the throat of American capitalism’s competitveness [was] unionism, followed by taxes, followed by the selling of America’s intellectual properties to foreign developing nations to make up for all the domestic lost economies.
All the author need do is a comparative study of the unstainable, arbitrary and circular inflation brought upon America by the labor unions vs. federal and State regulatory mandates….BEFORE the mass exodous of America’s private sector economies and the reduction of the labor unions numbers and economic influences in the private sector….not that they don’t still have the same negative influences in all the large domestic [consolidated] economies of today.
Anybody who follows my writings, knows I’m a one-person evangelist for amending the Constitutions Article I, Section 8 Commerce Clause, to get the government [essentially] out of regulating the private sector commerce, returning such regulating back to the States.
The labor unions have several times over bankrupted America’s private sector economies. From high on the job payrolls and benefits to their lifetime retirement benefits, labor unions have kept America’s economies drained of adequate capital reserves, making even the slightest government regulatory cost unsustainable AND….their cost of production finally non competitive domestically and globally.
Which comes first..the egg or the chicken, is not a matter of subjectivity when discussing who first destroyed America’s economic competitiveness.
I wish the writers of PMJ would appropriately and factually background their writings to give some resemblance of factual investigative writing.
