Big Favor to Big Labor
Will Obama's pro-union appointees hurt job creation?
- Duration 8:38
- Date Jan 7, 2012
Will Obama's pro-union appointees hurt job creation?
Also in this playlist...
This transcript is automatically generated
Unemployment inching down just as a -- at union bush is ramping up.
President Obama catching flak for making three recess appointments to the National Labor Relations Board heard yeah.
If it's legal someone here says this big favor upper big labor is a big a roadblock to any jobs recovery.
Hi everyone I'm bragged about -- the best is Bulls and Bears let's get right to do it.
We hairy -- met Tobin Smith Jonas Max Ferris along with Matt McCall and -- -- welcomed everybody okay Matt.
Right when we see and of women coming down you say this move is threatening to send it right back got.
It really is because this -- is actually helping the big business the big unions right now which really are not creating jobs.
We're coming -- this recession we're seeing as we're basically seeing these small private companies creating jobs.
You know much about -- coming out and that's only seen historically coming out of recession.
This move in my mind putting these three people to these positions are gonna only go back to unions big labor.
What facets of this mess Brenda well let's take a look at GM GM has won a big reason we got this mess because they unions do not work in this day and -- -- in my mind.
We're going right back where we -- Okay gel messes smirking go ahead -- us only because I thought we got in this mess because of a housing bubble that was caused by the most on labeled the -- on union -- report which is bankers and half.
-- -- -- -- -- -- The unions.
Scott pet now game back to this -- -- case.
First of all we just saw a good job is pretty good -- figure this week the only part of it come it's still shedding jobs really is governor workers without the highest unionized rate.
Of the workforce pretty much right so it's not -- -- not that big of a problem.
Don't know why they're -- firing going on in -- -- we'll have more gain representation in private sector workers.
The my point is -- this agency isn't that effective at this point we'll nor unions in stopping highway but Gary and she win all these appointments.
Help or hurt the jobs recovery.
Brenda it's -- hurt you know John this may be right that to date they haven't been not affected but certainly -- with these.
New recess appointments the NLRB has been strengthen.
On the pro union side you know -- we talked last week you know just some of the points that we brought up that the growth rate of unionized firms zero.
Leads to higher.
Unemployment unionization is a basic play like a thirty percentage point tax increase on companies that happened so we know immunization.
Is not good for the economy we.
Also know on the flip side the NLRB is pro union any and they're an independent.
Accountable agency to -- and so like Jerry just put it altogether -- -- This is all good for the economy are there for the economy you'd have to conclude they have for the economy all right -- you answer that.
But -- that is completely false about the -- if not they are not able where it works false they're not able to force management and labor.
To make an agreement.
They're not able to bring in.
Binding arbitration as -- employee free choice act called for which would be good for the economy -- there is zero correlation.
Between strong economy weak labor our economy was the biggest part of the world's economy.
In the 1950s.
Was when we were at the peak night -- -- unionization.
It today in Germany which is doing quite well and economically.
This bill workers have 50% of the representational on the board of directors they call it co determination.
Also -- finally.
If if it 2009 supposedly -- employee free choice -- we would've had an increase in wages which would have been terrific.
That's when labor really matters is when you have an economic downturn.
Then you don't have quite.
The draw ultimate consumer demand I -- let them Begin like by Al Gore's side of them got to look at it this was so.
Right why would Indiana.
Because you know -- first order business to make -- right to work state this idea right to work states if you take the right towards its -- where unionization is not ports or dues paying is not force for union.
-- right to work.
The right to our -- to kill everybody and those are the facts are -- those businesses are great they're attracting new people you can't -- Germany c'mon Steve to United States is that well it's a much smaller economy it's a whole different integrated system.
Now they also -- have a business mentality that many are states don't have so I I would you know if you just use the backs you can't support this.
And if it was so great why have jobs for these industrial -- -- down down down the last 35 years.
We're you know we're -- I don't like when we are pro labor and pro business that aren't aren't Lamar didn't get down -- into labor and business.
-- -- well I would point out that the -- at a -- power at the peak of our our our power may be and dust literally.
Was in the fifties without big -- 'cause most of our economy was industry I would say the peak of our economic power.
It it ramped up after.
For the fifties as unions were in decline as they have been for the past thirty or forty year.
Here's what you only need to look at Steve the demise of let's -- big steal big on Al garment manufacturing airlines to see the crippling affect anybody -- got his point down government what you want that to be here I kind of how great you in his eighties and -- -- -- well.
I'm Matt what.
There was recently an issue with that National Labor Relations Board and Boeing for example.
That even before these recess appointments so there is some there might be some confusion.
In companies and big companies about what they can do.
Yeah well Steve talk about them not really having much power I -- get much more -- than lot of us proceed.
It -- it was a bowling a kind of forcing them to move up went from one state to another.
You know to media that's very important because as a private company should -- to really plant that ravine like.
And that's been a -- jobs to what did they eventually -- gonna do business that I.
I don't do these regulations right now I move my plant overseas and what happens then -- political editor wrote okay.
Let let tennis get in here.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Are directly from the unions now if you don't -- stack and you're stacking the -- what would you -- -- appointed -- you got all of -- -- you -- another person I work for the Department of Labor and other veterans and active -- the deck is stacked in our labor law passed that they -- very heavily against.
Half court and what -- -- -- second Sino.
Not anything get -- a like California -- percent additional cost over over other workers where they're -- because they're done properly that had -- gonna do with Steve I'm sure.
I stand by what I said.
More unionization would be good for this economy what we let bunch of us but we did -- -- having to step in now on health care everybody who belongs to a labor union.
Who -- -- in -- unionized industry where there is an agreement.
A labor agreement between management and workers has health insurance the government does -- -- pay it then that's the way it should be.
-- -- -- -- -- I don't know your own facts -- and -- -- -- Jerry -- Arnold how long Steve if you can show -- -- I can come up with study after study showing that unionization is better for the economy -- I'm going to go along with -- -- -- I always look what the facts are you show me.
Mean this -- your professor are what I -- the economy that's done better with unions Asia as opposed to not and his agent.
And -- our economy.
I -- you got I don't believe it.
Our economy did unionization saved our economy and in 1930.
And we don't we do know.
The current issue is stronger now that it wasn't authorities.
Are still -- stronger now than it was in the.
Yeah I get what.
-- anyway and that thirty's but is not stronger than it -- -- the fifty probably -- -- -- -- everybody else it'll look and stronger accountability and notice I got it right now why don't.
Let me just say -- with Genesis a client blaze that for the record you go to federal government if it wasn't during the depression -- -- How can I ask that let him and got -- I -- I thought I hadn't been done underlining how hot.
Not -- I do are happy.