freediver wrote on Oct 2
nd, 2020 at 10:24am:
This is an idea from Milton Friedman. To the extent that unions increase salary within an industry, they reduce employment. The people who cannot get a job in a particular industry because of unions inevitably seek employment in other industries, and thus drive down wages in those industries. As unions tend to be most active in trades that already have higher salaries, they tend to drive down salaries that were already lower. Thus, they increase wage inequality.
RUBBISH.................!.............straight in the bin.
Milton Friedman's philosophy in a nut shell was,
Place everything into the hands of corporations and all else will sort itself out.
Which now having lived Milton's dream for the last 40 years I can honestly say that its the biggest load of malarkey ever spun to the general population, trickle down economics does not work.
As for unions..............!?............even though there is corruption and what not.
Just remember the current conditions you enjoy FD were fought and won by unions, blood was spilt to get an 8 hour a day 40 hour a week and all the other entitlements that come with it.
If there were no unions you would be working 16 hours a day for peanuts with no sickies no holiday pay no nothing, not even weekend ends off.
I'm sure you wouldn't be too happy with those conditions