Quote:
Originally Posted by Drolefille
It doesn't assume an infinite number, but it does kind of assume that the union could expand to provide all jobs in that sector, or provide the influence to raise wages and benefits for non-union members in the same sector. I don't believe that assumption is actually necessary though. An alternative assumption is that without the high union wage more people would have jobs rather than the same number of people having jobs at a lower wage. But that too is simply an assumption.
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I agree the assumptions are unnecessary. However, saying "people can just join the union" or "people can just learn the over-valued trade" isn't logical at all - there are reasonable (and startlingly low) limits to the ability to do this (which is the crux of my argument, and the part that's missing above).
Past a certain point, there isn't any more painting to be done. Yet those painting dollars have still drained the available cash (which is also finite, although admittedly in a much more complex fashion).
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