Feb
25
Written by:
host
2/25/2009 11:03 AM
This week, dozens of America's leading economists issued a statement calling on President Obama and Congress to pass the Employee Free Choice Act in order to fix America's ailing economy and help consumers get out of the hole created by the effect of 30 years of wage stagnation due to conservative laissez-faire policies.
One particular passage notes:
A rising tide lifts all boats only when labor and management bargain on relatively equal terms. In recent decades, most bargaining power has resided with management. The current recession will further weaken the ability of workers to bargain individually. More than ever, workers will need to act together.
The full text of the document can be viewed here.
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