The Greek crisis only confirms the folly of binding a group of disparate countries together in a currency zone with no mechanism, such as a central fiscal authority, to address its internal imbalances.
America West pilots, a minority of the overall pilot group, backed the binding arbitration but were dragged along into the newly formed U.S. Airline Pilots Association.
Such a group could not impose legally binding directives on any country (especially not countries like France that are 75-percent reliant on domestic nuclear energy generation).
Keith Smith of the National Association of Manufacturers says his group is concerned because once a union is formed, the bill could allow government arbitrators to dictate binding wages for two years.