Tuesday, January 27, 2015
(PJTV video) How Unions Destroy Jobs!
I'm old enough to remember when cabooses were at the end of all freight trains. What did those two men riding in them do? Not much. Investor's Business Daily's Terry Jones explains in a PJTV video that union featherbedding--spreading jobs around--leads to a decline in productivity. When railroads were deregulated--and when union power was put in check--they became competitive with other forms of transportation. The Ayn Rand Institute's Yaron Brook and PJTV host Allen Barton also participate in the discussion.