Union contracts do not just set the minimum compensation that workers can earn; they also set maximum wages. Employers may not pay employees more than their union has negotiated. Unions typically base pay on seniority and job classifications—not individual effort or productivity. Workers cannot bargain individually for more. By law, …
President Obama’s stunning appointments of Richard Cordray to the Consumer Financial Protection Bureau and of three more bureaucrats to the National Labor Relations Board has been described by many observers as a serious blow to the Constitution and the separation of powers. In addition to the strong Constitutional argument against …
