Saturday, November 26, 2011

When unions throw their weight around, the result is a more sustainable growth

have read about the terrible man. It is "crazy" (as the Mayor of London, Boris Johnson). It has a "lack of responsibility to society" (Will Hutton in The Observer). And last week called "the most hated man in Britain" and an MI5 agent sent to "destroy the union movement from within" (The Daily Mail Richard Littlejohn - a columnist who never things by halves, because can do the math).

The name of this villain and a traitor? Bob Crow.

Now, there are many days where I love the raven, as a new strike his union RMT tube means getting up an hour early for me to wedge eyeburningly a bus. I do not share his taste for Millwall, beer or stupid hats drive. But this is not the issue.

the same way you do not have to take Gazza blubbing to recognize him as one of the best footballers of his generation, you have to love Bob Crow to see what is effective in the fight against their members' interests - and not just against the Transport for London, but Heathrow Express and a lot of private transport companies. Similarly, if the class what they say Westminster bridge the gap between the rich and the remaining members have to recognize that unions are not afraid to use their bargaining power is essential to do just that . However, many ministers who speak of the struggle against inequality are this week when teachers, Jobcentre staff and other officials are preparing to strike to protect their wages and pensions.

there more to it than equity, it is about to have stronger economies. Recent research published by the IMF suggests that part of the reason for the great financial crisis is that workers can not get enough lift. More on that later, but first a word about politics.

the same way you are bound to want Kate and goodwill, frontbenchers of all types are needed gap between rich and deplore in Britain. Some even say it. At a conference of the Conservative Party a couple of years, David Cameron's podium almost yelled, "Who made you the greatest inequality, labor ... What do you do that for our society. "As for the Labour leader Ed Miliband, was in this work on Saturday deploring the" arms race "in the remuneration of players.

To continue to make good returns on your money, good people to lend to poor and middle-income so they can continue to buy things. "The inevitable result is that loans continue to grow, so does ... The probability of a major crisis ... It also has serious consequences for the real economy." The credit bubble and land appears through the economic mess that results.


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