When I watched this video of CNBC’s Maria Bartiromo’s interview of Nancy Pelosi, I was stunned by Ms. Pelosi’s strident liberalism:

Here’s the question from Ms. Bartiromo, followed by Ms. Pelosi’s reply:

CNBC’s Maria Bartiromo: “How important are concessions about the regulatory environment? This is the final question here on this murky environment that we’re seeing. CEOs tell me all the time that they don’t know the details of Dodd Frank. It’s the law of the land and we’re still writing the rules. We’ve got the EPA making decisions and legislations. Supposed to come from Congress and it seems like we’re going around things and the EPA is coming out with its own rules. You’ve got the labor relations board, the situation with Boeing. I mean, for starters, do you think it’s right that Boeing has to close down that plant in South Carolina because it’s non-union?”

Pelosi: “Yes. I don’t think they close it down. I would hope they would make it union.”

Bartiromo: “But this is a corporate decision. Should government be getting involved in corporate decisions like that?”

Pelosi: “You asked me what I thought.”

That’s right. Ms. Bartiromo asked what Ms. Pelosi thought. It’s interesting that Ms. Pelosi thinks the plant should be unionized, though it isn’t surprising. Ms. Pelosi’s reply is informative, too.

Democrats frequently talk about creating jobs as their top priority. Nonetheless, right-to-work states have significantly better job creation statistics than forced-dues states:

Between 1995 and 2005, private-sector jobs in Right to Work states increased by a net 20.2%. That’s a 79% greater increase than the relatively small increase in private-sector jobs experienced by non-Right to Work states over this period. (See the tables on pages three and four for details. Oklahoma, which adopted its Right to Work law in 2001, is excluded from this calculation.)

The Right to Work job-growth advantage becomes even more critical in times when the national economy is in a recession or struggling to recover from one. Over the 1995-2000 period, the crest of the “roaring nineties,” private-sector jobs in Right to Work states increased by 16.3%, 34% more than the concurrent increase in non-Right to Work states.

It’s inevitable that people question whether right-to-work laws were the reason behind the rapid job creation in right-to-work states. Compared with their neighboring states, there appears to be a significant difference.

What’s most bothersome about Pelosi’s answer is that she’s advocating for the government to have final say in where corporations build manufacturing plants. That decision isn’t in the federal government’s jurisdiction nor should it ever be in the federal government’s jurisdiction.

They’ve screwed up enough things, especially in this administration. We can’t afford to have them screw up the manufacturing economy more than they already have.

Technorati: , , , , , ,

Leave a Reply