gsvol
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Pre-Depression-era growth and prosperity did not return to the private sector until the early 1950s, when the spread of state right-to-work laws prohibiting forced union membership and dues greatly reduced the detrimental effects of the Wagner Act.
The U.S. has just experienced another stock market crash, and Barack Obama, the candidate now favored to be the next president, is in favor of what amounts to a new Wagner Act.
If the mislabeled "Employee Free Choice Act," becomes law, it will likely have a similar effect on the economy as the original Wagner Act, transforming what could have been a recovery into a lengthy, deep recession, or worse.
"I owe those unions," Mr. Obama explained in his 2006 political memoir, "The Audacity of Hope." "When their leaders call, I do my best to call them back right away. I don't consider this corrupting in any way . . ."
The U.S. has just experienced another stock market crash, and Barack Obama, the candidate now favored to be the next president, is in favor of what amounts to a new Wagner Act.
If the mislabeled "Employee Free Choice Act," becomes law, it will likely have a similar effect on the economy as the original Wagner Act, transforming what could have been a recovery into a lengthy, deep recession, or worse.
"I owe those unions," Mr. Obama explained in his 2006 political memoir, "The Audacity of Hope." "When their leaders call, I do my best to call them back right away. I don't consider this corrupting in any way . . ."