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To: Little Bill
Unions, what are they good for?

One or the most widespread delusions of our age is the belief that the American worker owes his high standard of living to unions and to humanitarian labor legislation. This belief is contradicted by the most fundamental facts and principles of economics - facts and principles which are systematically evaded by labor leaders, legislators, and intellectuals of the statist persuasion.

A country's standard of living, including the wages of its workers, depends on the productivity of labor, and high productivity depends on machines, inventions and capital investment - which depend on the creative ingenuity of individual men - which requires, for its exercise, a politico-economic system that protects the individual's rights and freedom.

9 posted on 02/21/2011 1:40:19 PM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: mjp

That is the funniest post I have read in a while. Just look at how a multinational runs a company on the US side opposed to their 3rd world counterpart.


10 posted on 02/21/2011 1:41:52 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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