Happy Labor Day weekend: Varney blasts unions as "the antithesis of freedom" and an innovation killer
September 04, 2010 1:16 pm ET
From the September 4 edition of Fox Business' Freedom Watch:
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Yes, I'm rather fond of unions. I've said here before that my grandfather was coal miner back in the days before the UMW. The "freedoms" Varney speaks of saw him having to go to work as a teen after my great grandfather was killed in a mining accident. He lived in a company town. His "house" (more like a shack) was company owned. Food and essentials could only be purchased from company stores. He literally escaped that life in the dead of night, packing his family and few possessions, and sneaking past armed guards.
That was America before unions.
An example? All right. GM had the choice, in 1990, between the electric EV-1 and the Hummer. In 1992, the Hummer hit showrooms, and while short term profits seemed like a good idea, the failure to plan long term for the spikes in fuel cost put GM woefully behind both Honda and Toyota in the rapidly expanding electric and hybrid vehicle market.
In short, lack of innovation is a failure of leadership, which is a failure of management and not workers. Unions arguably lower the cost of doing business by making safer workplaces mandatory rather than optional, and the higher wages paid to union workers draws more skilled and qualified candidates, meaning less waste.
innovation [in-uh-vey-shuhn] n. 1. Utilization of slave wages and hazardous working conditions to ensure an increase in profits.
/sarcasm