Saturday, March 07, 2009

Obama Really Could Save Millions of Jobs

Barack Obama boasts that his economic programs will create or save 4 million jobs. He could accomplish that by simply dropping one item off his agenda - card check.

Card check would allow union thugs to intimidate workers and force them to join trade unions. According to this study, if unions get their way, millions of jobs will be lost.

America’s unemployment rate could top 10 percent under the Employee Free Choice Act (EFCA), if it boosts union membership as much as some supporters have predicted, according to a new economic study.

Every three percentage point gain in union membership would be accompanied by a one percentage point increase in the unemployment rate the following year, said Dr. Anne Layne-Farrar , who conducted the study.

She is an economist with LECG, a non-partisan Chicago-based economic consulting group.

Proponents of EFCA say union membership would grow by 1.5 million members every year over the next 10 to 15 years under EFCA.

But EFCA opponents point to the new study to back their argument that EFCA will hurt the economy.

“Job losses attributable to the passage of the employee free choice act in that respect would be equal to the entire population of the city of Boston,” said Phil Miscamarra, a legal counsel with the Alliance to Save Main Street Jobs.

A 1.5 million member increase would “lead to the loss of 600,000 jobs by the end of the following year,” he said.

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