The so-called Faster Labor Contracts Act (FLCA — S. 844/H.R. 5408) aims to narrow the time it takes for labor unions and employers to sign contracts with each other. It would do so by stipulating that, after a few months of negotiation with no agreement, federal arbitrators will gain the power to write up their own labor terms and impose them on the union, the business, and the workers without further debate.
That kind of “binding arbitration” could certainly be “faster,” but the government dictating its own terms doesn’t exactly create a “contract,” a mutual agreement between two parties.
