Wagoner Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> nicole writes extensively on the roots of america's economic problems. >> it is not like you are the boss of ford -- they don't want to pay the union members too much because it comes out of their own pockets. that's not true with government. >> furthermore, strikes by public employees like police, firefighters and teachers would be, quote, unthinkable and intolerable. but it was within a couple of decades that his democratic heirs decided the political up side of public-sector unions was worth the risk. the eureka moment happened here in new york city. in 1958, democratic mayor mayor rober...

Welcome back. as you havbi >> cities with big dreams dreamd big bills have come here to wall street for the cash to finance them. but even more towns are going broke, not by issuing bonds, but by issuing promises to public employee unions. that story has a new york angle, too. fox business new york's lou dobbs explains. >> but it's a good-natured sort of labor battle. it was in 1935 that president franklin roosevelt made it easier for workers in the private sector to create unions. and when he signed the wagoner act, he cemented and deepened political ties between organized labor and the democ...