So yeah, government support of labor unions helped some workers for a while--until the unionized steel industry went broke and the auto industry needed a bailout.
Now of course we have the Democratic Party joined at the hip with public sector unions. And private sector workers are getting the shaft. President Obama recently "postponed" the Keystone XL pipeline that is designed to carry crude oil from Canada to the refineries in the Gulf of Mexico. He sided with environmentalists and public sector workers against private sector workers.
The hype over "green jobs" is of course at attempt to paper over the fact that today's Democratic Party is radically anti jobs. Daniel Henniger lays out the reality.
The Democratic promise to private blue-collar workers has been that the party would use its clout to in effect "manufacture" new jobs out of public budgets—high-speed rail projects, school construction and the like.But really what hope is there for that, given the budgetary death struggles in the deep Blue states, where the Democrats are committed to supporting their public sector union buddies to the last tax dollar? "There isn't going to be anything large left over for "public-private" job schemes." As in. There is no more money!
Sooner or later, private-sector blue-collar workers are going to have to get it, that the Democratic Party is no friend of the working man.
Yesterday the news came through that the Seaway pipeline between Oklahoma and the Gulf had been sold. The new owners planned to reverse the flow so that it will now flow from Oklahoma to the Gulf. Crude prices and the stocks of oil companies invested in the new oilfields in the Dakotas immediately reacted.
This is how energy policy really works. Capitalists react to changed market conditions and create jobs by responding to the needs of consumers. Whenever government gets into it, it always ends up in crony capitalism and epic failures, as in Solyndra and the fatuity of California's high-speed rail to nowhere.
Come on in, workers. Capitalism is great and the water's fine. Leave the Democratic Party to its last ditch defense of the indefensible public-sector bloat.