However, a less benign possibility is that tight product markets might allow firms to pass some or all of their higher labor costs through to prices.

NPR: Bernanke: U.S. Growth 'Moderate' as Inflation Rises

These fears and concerns completely ignore the fact that America is a land of immigrants (with the notable exception of Native American Indians) and that immigrants coming to the U.S. for the most part do become American citizens and bear the next generation of future American citizens, all of whom contribute to the economy through labor, taxes, purchases, and investment.

FORBES: America's Baby Bust - Busted. Immigrants Are The Answer And The Next Generation Of Entrepreneurs

Reform all unions and create an incentive based labor force through estabilishing rules of the road.

FORBES: Slow Growth Will Destroy America

The five page document, distributed to all players in the league, shows the chronology of labor events through the eyes of the former union for the players.

FORBES: NFLPA Memo Details Chronology Of CBA Negotiations Over Past Four Years

The Labor Department tracked 18 work stoppages through November up from 11 in all of 2010 and five the prior year. (The data cover lockouts and strikes).

WSJ: Year of the Oops: 2011 Was Spent in Reverse