Sunday, February 27, 2011

What is the difference between public and private-sector unions?

at 1:44: If a consumer doesn't like the price offered by private sector company, they can take their business elsewhere. The cost of "opting out" of an over-priced state government is much higher. This gives public sector unions greater bargaining power. Remember the Chapter 16 aphorism: "the alternatives to agreement determine the terms of agreement."

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