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I saw more companies go bankrupt, not due to poor management but due to union ignorance.
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Did the management team receive salaries during that period or did they work for free?
Market forces, local, national and world politics and economics, along with management decisions are what closed those mills. No amount of union concessions would have saved them. Any honest evaluation would show that. But unions make a convenient scapegoat.
There's this little company you might have heard of, Ford Motors, that survived the Great Recession, without a bailout, and is doing pretty well, last time I checked. All of this while using union labor. How does this fit in to your tidy little outdated thinking and doomed to failure package?