04/18/2010: Fox Business Network
Cavuto on BusinessFinance - Business
... tomorrow. back to cavuto on business. >>> want a big government project? you better be in a union shop. it steers federal contracts to union friendly companies. nine outs of ten workers are not in a union and that's way you say it's bad for jobs in america. >> unions are getting their money's worth. charles, 85% of construction worker force is nonunionized but they're telling that 85% to take a hike. whatever happened to a better bid or a better company who can construct something better? what ever happened to the level playing field that this administration talked about before they came in? all they're doing is give aways to the good budsies, total favoritism and cronyism a will hurt the construction industry. >> it is transparent, you have to admit. >> quite. >> scott. >> economically, what would -- listen, here's the thing, we had the stimulus plan, shovel-ready projects yet unemployment amongst construction workers 25%. so economically, what is this going to do for the industry? >> isn't that funny, charles? when those things dried up, the construction industry is adding jobs. once the government got out of the way -- it's it. the economic impact is terrible. it's higher costs, lower profits and at the end of the day, fewer jobs by the corporations. so it doesn't work out well. the fact that the union -- nonunionized is so high, it's best to leave it the way it is. >> this exemplifies, charles, something even more dangerous we've talked about on this show. that's the vicious cycle developing where the unions enrich the democrats and democrats enrich the unions. you grow the unionized workforce in government. they get more money and then they give that money to -- the democrats give it back with more power. this looks like just again a slice of what is card check with a mustache on. it's card check in disguise, away for unions to get more power. there are more union workers in the government than in private. >> we're getting tired of the lipstick analogy. >> thank you. >> is there anything you find fair? >> these are highly controversial and it's surprise this hasn't gotten more headlines. but in theory there's a positive benefit. they're supposed to -- the contracts go -- it is jobs go to people in the community to sport local community. the people who work there, live there, spend money in the community. the problem is that in a job market like we have, there's people everywhere. in a tight job market, sorry, in a tight job market you can't find enough people. >> what if people living in the communities don't know how who build a high-rise? >> i'm not defending them. >> now you're on a construction job? >> this is not just -- this is not just highly controversial, it's wrong. it's absolutely wrong to crowd out the private market and crowd out the free markets. it's nothing more than favoritism, handing over because you gave me money for a campaign. if george bush was doing it, some cable stations would be having a coronary. >> most economists looked and i3 >> most economists looked and it and they say is comes down political issues. >> gary brings up a great point. we're continually moving away from the free market to the point where it gets back to the original issues. people are giving up on the system because the white house is going to determine winners and losers in this society, period. >> that's right. it seems we're moving that direction. hopefully the white houseod.uns out of time here, butod.ight, look at two recent examples, airlines and autos, how are those unions working out? not very good a great blueprint. >> speaking of autos, wall street journal pointed this out, andy star, the outgoing head, gave an interview to the journal a month after president obama was elected. he had a list of priorities. stimulus for the economy and ecato industry. uniform healthcare and a card check bill. guess what's left? >> andy stearn, the number one visitor to the white house since president obama's been in there, all right, guys, thanks a lot. >>> hiking taxes on gas price, ...