Vote Now or Forever Hold Your Peace

Labor unions play an important role in society—they help workers organize for more pay, safer workplaces, and better treatment from business managers. But they also have an important downside: their demands can sometimes be more than a business can afford. And thanks to federal laws that protect union power at the expense of business owners, the result often handicaps companies and makes it difficult to do business.

Unions even resort to using the government to restrict economic freedom in order to protect themselves against competition. Increasing the minimum wage, for example, is often a high priority for union leaders, even though union members themselves virtually never make minimum wage. The reason is that by increasing the cost of hiring non-union workers, the unions can ensure that companies have no other choice but to do business with the union. And federal law often makes it illegal for company owners to choose non-union labor.

This gives unions a monopolistic power to force employers to pay them above-market wages or give them other perks—which ends up driving up prices so much that buyers may instead choose to purchase imported goods. This results in unions trying to ban imports or tax them. The bottom line is that companies often go out of business as a result of union demands, and consumers are forced to pay higher prices. Or, Death Star construction takes way too long and goes over budget.