Thread: Unions
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Old 12-04-2003, 02:19 PM   #44 (permalink)
apechild
Crazy
 
Location: Vermont
Superbelt,
Are you willfully ignoring the economic facts I have presented? And please remember, employers can't force their workers to do anything. If anyone is trying to use force, it's the unions.

Now I'll tell you what would happen if unions disappeared:

Wages for a few ex-union workers would drop to their equilibrium levels (fair market wages)
Employers would use their wage savings to hire more workers and increase output
Unemployment rates would fall (as would the tax burden of everyone supporting unemployment benefits)

But wait - there's more!

Competition among workers would improve productivity and efficiency
Productivity and efficiency gains would translate into increased profitability
Increased profitability would create greater growth opportunities
Growth opportunities would lead to greater demand for labor
Greater demand for labor would lead to increased hiring and higher wages

Want more? OK

Higher wages would lead to higher disposable income levels and increased personal spending
Increased personal spending would result in more economic growth opportunities
Growth opportunities would lead to greater demand for labor
Greater demand for labor would lead to increased hiring and higher wages

And so on...

Unions protect America, you say? Wrong. Unions protect themselves at America's expense.
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