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The issue of unfunded pension liabilities unions and the drive to challenge unions with the passage of right to work laws.
Is the subject but I'm going to be taking up whether -- next guest.
Mallory factor author of the best seller -- -- government unions control America and rob.
Taxpayers blind is a professor at the Citadel when we are delighted -- to have you with -- let's turn first if -- -- -- The president telling auto workers that the right to work laws don't have anything to do with economics have everything to do.
With politics your reaction.
That's absolutely absurd I mean just look at the economics.
Business employment growth.
If you look at the right to work states there -- up about two points plus if you look at the forced unionism states over the past decade.
Fair employment growth is down three points.
-- or more it is amazing.
-- amount out of.
Graphic of that and I'd like to put that opted to show our air -- -- -- the percentage growth in.
While water -- non farm -- private sector payrolls or business employment if you will.
They -- in right to work states is we take a look at them.
Up 2.4 percent in forestry union states down 3.4 percent.
That is a significant statement.
When it comes to right to work states in this country.
It sure is the real bottom line to it is people are voting with their feet.
Since 1990 every time we've -- -- the United States House of Representatives.
The right to work states have gained.
Eight to nine representatives while the forced unionism states.
Have lost eight to nine the difference since 1990s been 25 seats going from.
-- -- forced unionism states to the right to work states people are voting with their feet.
People don't wanna be forced into unionism they don't want have to pay -- union to keep their jobs.
And and the fact of the matter is that -- -- -- -- -- a quarter of the union members would stop paying -- if they could.
They're being given that opportunity -- right to work legislation.
As we reported 22 states considering it this year.
Four of them actually got -- done including.
Now most recently of course the state of Michigan.
How powerful is this -- -- going to be over the course of the next year.
I think this is a very important movement because.
People want jobs and what happens if you're.
Forced unionism destroys jobs by forcing people to pay the unions dues and forcing all sorts of feather bedding all sorts of regulations.
Which don't serve.
The company or productivity.
Is that people vote against it all the time in Wisconsin well when public employees were given the opportunity more than half of them say goodbye to the union -- Wealthy.
Also we're talking about public employee unions and as were talking three point their Bible the strongest testament.
Of unfunded liabilities on the part of states we're talking about three point nine trillion dollars almost four trillion dollars.
This is a massive problem coming -- -- -- like a locomotive if you will.
And almost no one is paying attention to it is we focus on the fiscal cliff.
In what will be an agreement if it is reached -- amount to something in the neighborhood of a couple of trillion dollars.
And -- -- and be forced union states are looking for the federal government to bail them out.
More important that the dams the Democrats don't want.
To lose the forced union states because I normally turn back forcing -- states -- I'm for about every state in the union.
And and the fact is that we're talking about unfunded pension liabilities of four trillion dollars Mallory.
And no innocent of what we're -- to for these Union Station if I may finish.
Four trillion dollars.
That no one is paying attention to how will it be resolved.
It's it's tough to resolve but it's much worse what I was trying when I was trying to make is that it's much worse in the forced union state much worse.
It's almost double.
And that's one of the that's one of the issues we're gonna have a big problem resolving that up it's going to be a major problem with.
That are absolutely necessary.
Not being able to be kept up because of all these pension that are unfunded.
All right -- we appreciate your being with us thanks so much primary factor were.
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