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Recessions and Labor Unions | Bill Bumpus
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Recessions and Labor Unions

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Sat, 2009-05-09 08:39 — Bill Bumpus

 

By DAVID MACARAY

"With a
world recession, the collapse of the U.S. housing bubble, and
twenty-five years of unsound, unscrupulous and unregulated financial
policy coming home to roost, organized labor leaders knew they were
going to be in for a bumpy ride.  They weren’t wrong.  Not only are
labor unions being punished by the recession, in many instances they
are, predictably, being blamed for it." 

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