Thursday, December 29, 2011

Quote of the Day - Lawrence Summers Edition


“Another cause of long-term unemployment is unionization. High union wages that exceed the competitive market rate are likely to cause job losses in the unionized sector of the economy.”
Lawrence Summers, former Economic Advisor to President Obama

Really, I never would have guessed.

1 comment:

Deekaman said...

Wow.....knock me over with a feather.

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