Volkswagen's Union Defeat - WSJ.com: "These columns have long argued that a company organized by a union usually deserves what it gets, but most workers understand that the modern union offer is often a Faustian bargain. The UAW may be able to negotiate a near-term increase in pay and job security for current workers. But the price—in addition to the steep coerced dues—is usually a less competitive company that means less security and fewer jobs in the long run. The best proof is the UAW itself: It has lost 75% of its members in 35 years as its demands and work rules made their employers less competitive."
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