Unions workers: beware which lever you pull

Union folks had better be especially careful this election when they pull the lever. Obama is all about praise and support for the unions, but his policies say otherwise. He has offered nothing to shore up large businesses (those that typically deal with union employment), and in fact, Obama wants to further tax the profits made by these industries.

Taxes like Obama is suggesting are nothing but a drag on the operation of the large business. And, as the unions well know, anytime costs go up, employees bear part of the burden by getting fired.

Why do you think large corporations went overseas in the first place? Because they want to deal with the Indian labor market? No, it's because taxes and wages are too high here. Maybe the market could sustain one, but certainly not both. So, when taxes go up, labor costs have to go down, and jobs go out the door.

The hope of many is that the soaring energy prices will force companies to bring overseas employment back here to the USA in order to contain costs. This has already happened in some cases. But with the Dems salivating over a big win across the board in November, they see corporate taxes as fresh meat. And when the corporations respond to these higher operating costs caused by new taxes, they'll push employment right back to India and other countries with cheap labor. The workers lose, the unions lose. This is in addition to higher prices for everyone, including those fired union workers, as companies are forced to raise prices across the board to cover the costs associated with government meddling. But, the government will get it "tribute."

So, when the Dems talk about supporting union workers at the same time as raising corporate taxes, look out for your job. These two things are not compatible. Employment will go down, prices will go up, and the only place money will go is into the government, the black hole from which there is no escape for tax dollars.