I’m not really grasping this… as in they want no minimum wage?
I don’t see the problem here, say minimum wage is 30 an hour (crazy excessive hypothetical one), The union can just as easilly negotiate that Much easier safer jobs are 30/hr, which means our guys aren’t going to take a cent under 50/hr.
In reality, the state bureocrats have no idea what an appropriate wage should be per industry and individual companies. Even in the best (but still bad) case that they will settle on a rather high amount, political pressure will always ensure that this is inflated or otherwise regulated away ( for example by cutting employer health contributions or such) and as a result minimum wages always result in convenient excuses for employers to pay less then an honest negotiation with a union would have resulted in.
Uhmm, while I don’t fully agree with the original comment, I would like to point out that most unions are also anti-minimum wage.
In general minimum wage does little good and is only worth it if the situation is so bad that unions can not negotiate at all.
I’m not really grasping this… as in they want no minimum wage?
I don’t see the problem here, say minimum wage is 30 an hour (crazy excessive hypothetical one), The union can just as easilly negotiate that Much easier safer jobs are 30/hr, which means our guys aren’t going to take a cent under 50/hr.
In reality, the state bureocrats have no idea what an appropriate wage should be per industry and individual companies. Even in the best (but still bad) case that they will settle on a rather high amount, political pressure will always ensure that this is inflated or otherwise regulated away ( for example by cutting employer health contributions or such) and as a result minimum wages always result in convenient excuses for employers to pay less then an honest negotiation with a union would have resulted in.