You're watching...
FBN’s Stuart Varney breaks down why Indiana’s union-regulations are helping the state’s economy.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Jobs may already be on the move take away the union's strangle hold on your factory and watch those jobs -- so here is my take on Indiana.
The new right to work state.
Capital will close a plant in Canada the company is hinting strongly that those jobs will move to Muncie Indiana.
This development came in the same week the governor Mitch Daniels signed legislation that weakens the union hold on large scale manufacturing.
Indiana thus becomes an island that in a -- of union dominance.
I would expect to see a lot more jobs make the move I say this not because of union pay scales -- pension and health benefits.
I think the big manufacturers want flexibility.
In the labor force they want to get away from rigid union broke rules if you want to use a new machine.
When you manufacturing process you don't -- to have to renegotiate a thousand pages -- rules you want to compete you wanna move fast.
China does.
-- it does we must too so.
Keep an Ohio Indiana.
Neighboring states certainly will high tax near bankrupt union dominated Illinois might bleed jobs across the state line.
Wisconsin's governor Scott Walker faces a recall because he took on the unions the stakes are very high.
Capital you don't want Caterpillar may really have -- something right.
