Undemocratic Union Control of Government

 
In my reports on federal, state and local government unionization I have  said that total outlays for wages and pensions are about triple what they are for comparable private industry jobs,

I have mentioned how these unions control government, with their political contributions and the ability to close down government operations, along with their control of budgets because of their size.

The problem will persist until politicians are no longer beholden to unions for funds and getting out the vote. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Budget Deficits Hinder Real Economic

There is a major difference between a dollar “invested” by government and a dollar invested by private industry.

State-control, liberal-leaning politicians believe that they’re the same. That it’s better if government makes the decision to spend. Or as the administration says, “invest,” as opposed to private enterprise doing the function.

The government allocation is made by a political decision. That is often subject to pressures which have nothing to do with supply and demand. Rationing and corruption are bound to follow. Privately imposed decision is, however, more likely to conform to what the public wants.

Moreover, private industry investment has a multiplier effect, while government spending does not. Government jobs have no leverage impact on the economy. Their purpose often has political, social and environmental intentions.

Governments do not innovate and create new companies and multiples of jobs. Nor do they enervate the needed psychology of a booming economy. Psychological effect is most important. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Public Employee Union Stimulus Aid

Want to know why the stimulus did not produce the jobs it supposedly was intended to do, but, instead had another primary purpose?

The funds were partially used for "donations" to those "friendly" states (in the opinion of the Administration) who had budget deficits. The latter are always primarily due to fancy state and local government contracts. 

 The stimulus had become more of a political slush fund than an overall job creator.

 (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

 

Problematic, Unionized Government Employees

There are serious problems when government workers are unionized. This started on the federal level requiring no Congressional approval and has now grown in all layers of government.
 

It was a JFK executive order 10988 in 1962 that started what has grown into a political-influenced monster, taking over our states and city governments as well. Unionization controls whatever it touches.

Unions now influence state and big-city government bureaucracies and, therefore, too many state and local political machines.

Public employees are being unionized at a rapid pace when private employment is only about 7% unionized.

Union wages run much higher than comparable wage scales; by about one third, and more beyond private earnings. Pension funds and terms usually far surpass that of private industry. In some instances, five or more times. In general, total government unionized pay packages are about triple those of comparable private industry jobs. All have been budget-busting, and almost impossible to control.

And taxpayers making less pay are paying the bills.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewHole tweets.)

Forced Corporate Takeovers

In many instances, corporate proxies may make it easier for hostile takeovers. It is not always true that making it easier to foster corporate takeovers, is in the best interests of all stockholders.

The objectives of many of the takeovers are often solely for quick, short-term profits. That may not be the long-term interest of the corporation or most of its shareholders.

Yet, much of the legislative pressure in Washington from the administration has been to accomplish this purpose.

This does little for corporate democracy. It does help reimburse party and lobbyist funding.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Are Tax Credits to Business for Hiring Worthwhile?

Experience shows that giving business tax credits for hiring does not generally work. Businesses eventually hire anyway in most instances.

What is important and damaging to business, is recurring taxes, not the need for credits. Research has shown this time and again. But left-leaning politicians hand out tax credits under pressure, as they cannot abide permanent tax relief.

So they continually talk about temporary tax credits, to impress potential voters. Moreover, if the public is unfamiliar with business, politicians get away with the ruse. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Politics and Business

 Too many of our law makers in Washington and state houses, are lawyers. It’s no small wonder; we have too many lawyers graduating college. They need something to do other than seek litigation briefs.

It helps explain why we have too little doctors, scientists and mathematicians. When you can't cope with science or math, it’s far easier to become a lawyer. Years ago, you could become a lawyer without going to college. You took the bar exam after clerking in a law office.

Too many lawyers in government have become a major problem. We need representatives who actually represent the people; they ought to come from different job experiences.

I also strongly feel that we need small business men and women in Congress and  state houses. It would change the legislative outlook about taxes, business and everyday problems of the middle class as well as the poor.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)