{"id":378,"date":"2008-10-28T12:02:32","date_gmt":"2008-10-28T12:02:32","guid":{"rendered":""},"modified":"2016-08-09T18:15:13","modified_gmt":"2016-08-09T18:15:13","slug":"national-right-to-work-in-the-wall-street-journal-union-power-grabs-could-turn-market-crash-into-depression","status":"publish","type":"post","link":"https:\/\/nrtw.org\/es\/blog\/national-right-to-work-in-the-wall-street-journal-union-power-grabs-could-turn-market-crash-into-depression\/","title":{"rendered":"National Right to Work in the Wall Street Journal: Union Power Grabs Could Turn Market Crash Into Depression"},"content":{"rendered":"<p>\nMark Mix, president of the National Right to Work Foundation and the <a href=\"http:\/\/www.nrtwc.org\">National Right to Work Committee<\/a>, has an <a href=\"http:\/\/online.wsj.com\/article\/SB122515112102674263.html?mod=googlenews_wsj\">op-ed<\/a> in today&#8217;s <i>Wall Street Journal<\/i> on the disastrous economic implications of handing Big Labor more forced unionism power:\n<\/p>\n<blockquote>\n<p>\n\tBy the mid-1930s, the U.S. economy appeared to be climbing out of the Great Depression. The Dow Jones Industrial Average (DJIA), which had bottomed out at 41 in 1932, was advancing. It increased 73% from the beginning of 1935 through the end of 1936, when it hit 180. The number of unemployed, 13 million in 1933, dropped to 9.5 million in 1935 and 7.6 million in 1936.\n\t<\/p>\n<p>\n\tThen, in 1937, the DJIA plunged 33% in what is often called &quot;a depression within a depression.&quot; Joblessness skyrocketed.\n\t<\/p>\n<p>\n\tA principal factor in the meltdown that year was the U.S. Supreme Court&#8217;s surprise 5-4 decision in early April to uphold the constitutionality of the Wagner Act, which had passed two years earlier. This measure, which is still the basis of our labor relations regime, authorized union officials to seek and obtain the power to act as the &quot;exclusive&quot; (that is, the monopoly) bargaining agent over all the front-line employees, including union nonmembers as well as members, in a unionized workplace.\n\t<\/p>\n<p>\n\t[&#8230;]\n\t<\/p>\n<\/blockquote>\n<blockquote><p>\n\tIf the mislabeled &quot;Employee Free Choice Act,&quot; 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.\n<\/p><\/blockquote>\n<p>\nRead the whole thing <a href=\"http:\/\/online.wsj.com\/article\/SB122515112102674263.html?mod=googlenews_wsj\">here<\/a>.\n<\/p>\n<p>\nWhat the op-ed didn&#8217;t have the space to get to is the card check&#8217;s negative impact on employee freedom. As we&#8217;ve explained <a href=\"\/en\/blog\/another-card-check-myth-debunked-072420081\">elsewhere<\/a>, allowing union operatives to publicly browbeat workers into signing away their rights to self-representation <a href=\"\/en\/blog\/liberal-icon-george-mcgovern-08082008\">would open the door to intimidation and coercion<\/a>. Because of this, the Foundation is preparing for a flood of cases if card check becomes the law of the land.\n<\/p>\n<p>\nFor a good primer on the dangers of card-check organizing drives, check out this <a href=\"http:\/\/www.youtube.com\/watch?v=fOJEXi8YH2Q&amp;feature=channel\">Foundation video report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\nMark Mix, president of the National Right to Work Foundation and the <a href=\"http:\/\/www.nrtwc.org\">National Right to Work Committee<\/a>, has an <a href=\"http:\/\/online.wsj.com\/article\/SB122515112102674263.html?mod=googlenews_wsj\">op-ed<\/a> in today&#8217;s <i>Wall Street Journal<\/i> on the disastrous economic implications of handing Big Labor more forced unionism power:\n<\/p>\n<blockquote>\n<p>\n\tBy the mid-1930s, the U.S. economy appeared to be climbing out of the Great Depression. The Dow Jones Industrial Average (DJIA), which had bottomed out at 41 in 1932, was advancing. It increased 73% from the beginning of 1935 through the end of 1936, when it hit 180. The number of unemployed, 13 million in 1933, dropped to 9.5 million in 1935 and 7.6 million in 1936.\n\t<\/p>\n<p>\n\tThen, in 1937, the DJIA plunged 33% in what is often called &quot;a depression within a depression.&quot; Joblessness skyrocketed.\n\t<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[889],"tags":[],"class_list":["post-378","post","type-post","status-publish","format-standard","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National Right to Work in the Wall Street Journal: Union Power Grabs Could Turn Market Crash Into Depression - National Right to Work Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nrtw.org\/blog\/national-right-to-work-in-the-wall-street-journal-union-power-grabs-could-turn-market-crash-into-depression\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Right to Work in the Wall Street Journal: Union Power Grabs Could Turn Market Crash Into Depression - National Right to Work Foundation\" \/>\n<meta property=\"og:description\" content=\"Mark Mix, president of the National Right to Work Foundation and the National Right to Work Committee, has an op-ed in today&#039;s Wall Street Journal on the disastrous economic implications of handing Big Labor more forced unionism power:     By the mid-1930s, the U.S. economy appeared to be climbing out of the Great Depression. The Dow Jones Industrial Average (DJIA), which had bottomed out at 41 in 1932, was advancing. It increased 73% from the beginning of 1935 through the end of 1936, when it hit 180. The number of unemployed, 13 million in 1933, dropped to 9.5 million in 1935 and 7.6 million in 1936.     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