Posts

Showing posts from October, 2017

Trump's Embracing Unions Will Cause Economic and Oil Pipeline Strife

Image
This article was first published on my personal blog at Talkmarkets: http://www.talkmarkets.com/contributor/gary-anderson/blog/commodities/trumps-embracing-unions-will-cause-economic-and-oil-strife?post=119777&uid=4798

Face it, Donald Trump moved sharply to the left when he embraced unions on the first day of his occupation of the White House. Republicans are simply giddy. Union leaders clapped. Trump did not want a free trade agreement, the TPP, with nations that could have undercut US workers. Jobs and production could have been shifted to nations such as Malaysia.

So, what are the pros and cons of Trump's new found connection with labor? After all, he had illegally operated Trump tower for two years as cocktail waitresses and waiters tried to organize Trump Hotel. People in Las Vegas were perplexed by his resistance to the powerful culinary union given his support for labor unions in the past. He finally settled with the union just before taking office.

Of course everyone …