Card Check Cost: $1.75 Billion (or More!)

Tuesday, June 9th, 2009 by Admin

The Hill has a must-read story on the real reason union officials are so desperate to pass the misnamed, anti-democratic, job-killing Employee Free Choice Act:

Passing the Employee Free Choice Act (EFCA) would result in millions in additional political funds for organized labor over the next 10 years, a business group opposed to the legislation will argue in a report to be released Tuesday.

Unions would stand to gain an additional $320 million to spend on political activities in year 10 alone with a 10-year total of $1.75 billion, according to a report put together by the anti-EFCA Workforce Fairness Institute (WFI).

That’s hundreds of millions more pumping into politicians controlled by organized labor. It’s $1.75 billion out of workers’ paychecks. But don’t forget: the real cost of EFCA could be 600,000-5 million lost jobs, according to an economic impact study released this year (and available to the right-hand side of this blog –>).

UPDATE: Shopfloor adds this thought on the job losses we mentioned:

Yesterday President Barack Obama announced at a Cabinet meeting that he plans to accelerate spending for the $787 billion stimulus plan to create or save 600,000 jobs over the next 100 days. However, it is a bit concerning the President has also previously expressed support for the jobs-killing Employee Free Choice Act that will destroy 600,000 jobs in the first year after enactment. One step forward, one step back.

A recent academic study by Dr. Layne-Ferrar shows that if union leaders

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One Response to “Card Check Cost: $1.75 Billion (or More!)”

  1. June 9th, 2009 at 11:31 am

    Shopfloor says:

    [...] UPDATE (12:20 p.m.): More from The Truth About EFCA blog, “Card Check Cost: $1.75 Billion (or More!)“ [...]