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I see it as NAIRU-policy working. Keep an army of unemployed and make sure to harass them sufficiently and the unions will act to keep their members from being umeployed rather then increased wages. Unions with a minimal unemployment among its members are still good at delivering pay increases. Of course, that is mainly unions for high-qualified personel and thus small unions, like for example the doctors union.

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by A swedish kind of death on Fri Aug 19th, 2011 at 05:20:57 PM EST
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