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It's already working
Posted by NERCC on March 11, 2009 at 12:00 AM

The Employee Free Choice Act was introduced in Congress yesterday and is already having a positive effect:

"Citigroup cut its target price on Wal-Mart - the largest US private sector employer and a regular target of union criticism - and downgraded its recommendation to "hold" on the belief that the retail giant could be forced to pay higher wages and benefits if the bill were made law."


The Financial Times also gets credit for being one of the few to report this aspect of the bill correctly: "Instead of employers having the right to insist on a secret ballot, employees would make the choice."

Bloomberg reports on the extent to which businesses and their groups will spend money to avoid spending money.
"Card-check opponents, including the U.S. Chamber of Commerce and the National Federation of Independent Business, have said they will spend about $200 million on advertising and lobbying to block the measure."

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