March 30, 2020 5:37PM

Helping Unions Is Economic Stimulus?

By Jeffrey Miron and Erin Partin

Tucked deep within the nearly 900 pages of H.R. 748 – the Coronavirus Aid, Relief, and Economic Security Act – is a provision designed to strengthen unions in industries that accept bailout loans. Bloomberg reports:

“Companies with between 500 and 10,000 employees applying for a direct loan from the Treasury Department would be required to “make a good‐​faith certification that the recipient will remain neutral in any union organizing effort for the term of the loan.” New loans for businesses affected by the pandemic are available for up to five years under the bill.”

Who gets to define neutrality, I wonder?