Firing Public Union Workers Creates Jobs

By Mike Shedlock on 06/29/2010 – 3:54 pm PDT -- Economy

. There will actually be more jobs as a result of getting rid of the unions.

How so? For starters, there will be an equivalent number of private jobs to replace the union jobs. Moreover, given the district saves 67% on cleaning costs, some of the saved money will be used on other school district needs, creating more jobs. Finally, some of the savings can be used to cut back on tax increases putting more money in the pockets of taxpayers who will spend it. That too creates jobs.

Every fired public union worker creates more jobs elsewhere, faster than most can imagine possible, quite possibly immediately.

Thus, a good way to deal with rising unemployment is to fire public union workers.

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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  • Larry

    GCA is out of Ohio not Pennsburg NJ.

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