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Tuesday, March 1, 2011

Public Unions vs Wisconsin, et al

Paul Krugman made an interesting point the other day. It goes like this. The Koch brothers, the Wall Street banks, GE, the oil companies, and all the other special interests have the money to influence and control how the GDP is divided, in their favor of course. Remember that at any one point in time, the total pie is a fixed amount so the more they get, the less there is for you.

Unions are the ONLY countervailing force to this concentration of money and power. No matter how you feel about unions, and I have huge reservations about teacher's unions, Krugman's point is valid.

So if the Governor of Wisconsin breaks the bargaining power of unions, who else will be on your side?

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