"Michigan would become the 24th right-to-work state and it could be the best
thing to happen to its economy since the internal combustion engine. Michigan
still has the nation's sixth highest state jobless rate at 9.1%, and it had one
of the lowest rates of personal income growth between 1977 and 2011. A flood of
economic evidence shows that right-to-work states have done better at
attracting investment and jobs than have more heavily unionized states. According to the West Michigan Policy
Forum, of the 10 states with the highest rate of personal income growth, eight
have right-to-work laws. Those numbers are driving a net migration from forced
union states: Between 2000 and 2010, five million people moved to right-to-work
states from compulsory union states. Other policies (such as no income tax) play a role in such
migration, so economist Richard Vedder tried to sort out the variables. In the
2010 Cato Journal, he wrote that "without exception" he found "a
statistically significant positive relationship" between right to work and
net migration. Mr. Vedder also
found a 23% higher rate of per capita income growth in right-to-work states. An
analysis by the Taxpayers Protection Alliance finds that Michigan is now the
35th state in overall prosperity measured by per capita income. Had Michigan
adopted a right-to-work law in 1977, the group estimates, per capita income for
a family of four would have been $13,556 higher by 2008. As impressive as all of this evidence
is, the best case for right to work is moral: the right of an individual to
choose."
http://online.wsj.com/article/SB1000142412788732340190457815745368760842
8.html?mod=WSJ_Opinion_LEADTop
A right to choose? How's that going to fix social justice anyway? Crazy talk.
No comments:
Post a Comment