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Union Membership Drops 30 to 60 Percent!

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When given a choice to pay union dues or keep the money to feed their family, union members choose family. You know the real one, not some made up one by the union bosses. In Wisconsin union membership has plummeted thanks to Gov. Scott Walker’s policies that give public sector workers the right to choose whether or not to pay union dues. The proof is in the pudding. And union leaders are responding by turning up the heat and charging existing members more. That’s pathetic. The Washington Times reports:

An analysis by the Milwaukee Journal Sentinel found that unions have lost between 30 percent and 60 percent of their members. Membership in District Council 48 of the American Federation of State, County and Municipal Employees, for example, declined from 9,000 members to fewer than 3,500. The trimmed membership rolls mean less money for the union bosses. Local 48’s budget once reflected a $7 million surplus, and now the union is $650,000 in the red. The national union was required to bail out the local, and it’s not even a stimulus.

Wisconsin does not yet offer workers in the private economy the freedom to reject forced union membership, but other states are moving to do so. A right-to-work law took effect last year in Indiana, and a similar law became effective in March in Michigan. That’s good news for employees who want to keep all of their paycheck, not so good for the unions and their officers.

Michigan, once one of the most unionized of all the states, saw union membership decline from 671,000 to 629,000, and in Indiana, union membership dipped from 302,000 to 246,000. This pattern will likely continue. The National Education Association, the largest teachers union and one of the most partisan of all unions, lost nearly 7 percent of its members between 2008 and 2009. To avoid taking a hit in the union treasury, the union bosses raised the dues of the remaining members. According to numbers compiled by the Education Intelligence Agency, 44 state NEA affiliates have reported losing thousands of members.

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.
E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.