@ISIDEWITHQuestionseconomyStarted 10yrs agoActive 3 days ago

Do you believe labor unions help or hurt the economy?

Trade unions in India have experienced tremendous growth in the past five years. The Indian National Trade Union Congress (INTUC), affiliated to the Congress party, has emerged as the biggest of the seven central trade unions, with a membership of 33.3 million.

59%
Help
41%
Hurt
35%
Help
37%
Hurt
18%
Help, in theory but have recently become corrupt and should have their powers limited
3%
Hurt, I support some private unions but am strongly against public unions
7%
Help, but ban their ability to make political donations

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Other Popular Answers

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 @9LP7SQ4 answered…3 days3D

It is the role of country to look after its people and labour union help in securing worker rights and fair wage but at the same the it should be fair and shouldn’t hurt the economy a lot

 @9HRZR58answered…4mos4MO

It depends on certain unions. Suspicious unions which involve in unfair activites and are hurting the economy should be investigated and banned from forming again.

 @9FQ56TPanswered…7mos7MO

depends on the need to strike

 @9D33F3Danswered…9mos9MO

Help if it is well organized and functions in the way it should, free of corruption and unnecessary bias.

 @9CZS32Ranswered…9mos9MO

Hurt the economy in the short run, but necessary for a healthy economy.

 @92QJ8LZanswered…2yrs2Y

help , but they must be registered with labour ministry so as to check that they do not stall the work unnecesarily

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 @ISIDEWITH submitted…2wks2W

DOJ opens formal investigation of U.S. Steel takeover by Japanese company

The Justice Department has opened up an in-depth antitrust investigation of Nippon Steel’s $14.1 billion takeover of U.S. Steel, according to two people with direct knowledge of the matter.The move escalates U.S. government scrutiny of the controversial deal, which has drawn fire from lawmakers, labor unions and others who argue the storied U.S. industrial titan should not be owned by a foreign company — even one based in Japan, one of America’s closest allies. It also follows a preliminary antitrust review previously reported by POLITICO.Last month President Joe Biden highlighted those concerns in a highly unusual statement, saying it must “remain an American steel company that is domestically owned and operated.”The United Steelworkers union — whom Biden and presumptive Republican presidential nominee Donald Trump are both courting on the campaign trail — opposes the deal, saying it puts U.S. jobs at risk.It couldn’t be learned exactly when the DOJ officially opened up the in-depth review, but it happened recently according to the people, who are not authorized to speak publicly.A Justice Department spokesperson declined to comment. Spokespeople for Nippon Steel and U.S. Steel did not immediately respond for comment. The opening of the antitrust probe roughly coincides with Japanese Prime Minister Fumio Kishida’s official White House visit this week. The Japanese leader said he hoped the proposed deal would proceed in a positive direction but did not criticize U.S. scrutiny of the transaction.“Japan believes that appropriate procedures based on law is being implemented by the US government,” Kishida said Wednesday at a joint press conference with Biden.

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