Open thread August 12, 2016 Dan Crawford | August 12, 2016 8:02 am Tags: open thread Comments (3) | Digg Facebook Twitter |
Comment I left at Brad DeLong’s this morning:
$15 (more like $13 w/inflation) by 2022 [California min wage]. I realize this may be the best deal Jerry could wring out of the legislature (or maybe he thinks it’s a good deal). I want to tear my hair out.
54 years after LBJ’s $11 min wage — more than double the per capita income since: a big $2 increase.
Most min wage scenarios ignore what I suspect is the re-circulation effect — of newly raised min income spent proportionately more at lower wage firms — than at firms it would have been spent otherwise. This may explain the Card and Krueger finding that min wage employment increased with the raise. Job loss/income loss may actually take place at higher income levels instead. The idea is to re-distribute.
Seattle workers may lose out on much re-circulation/re-distribution effect because Seattle has the highest median household income around ($100,000). Re/re may work better in Chicago which has 60/40 minority/majority population.
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We don’t have to have all these debates about what might happen in the labor market “if.” We can let the free market loose to realistically set labor’s price by effectively mandating that workers be able to organize collective bargaining units if they wish.
The operations of every market but the labor market are fanatically protected. Something as minimally market warping — minimally harmful to the victim — as taking a movie in the movies to sell cheap DVDs will get you a mandatory stint in the federal pen of a couple of years.
Union busting is illegal everywhere. Get caught and it is not even like getting caught robbing a bank and being forced to give back the cash. Sure you’re forced to take the fired employee back, but even if you don’t fire her (usually) for something else you have still succeeded in blocking the collective bargaining that makes for a fair labor market. You get to keep the money!
Noto bene: a 100% rich country (American raised) labor force will have lower wages w/o collective bargaining — than a 50/50% rich country/poor country (anywhere else) raised labor force w/collective bargaining. Ponder.
As long as nobody else talks about re-unionization (as the beginning and the end of re-constituting the American dream) — nobody thinks it is possible to talk about …
… or something.
Easy as pie to make union busting a felony in our most progressive states f(WA, OR, CA, NV, IL, NY, MD) — and then get out of the way as the first 2000 people in the many telephone directories re-define our future.
Anybody heard of a guy called: “Lee Harvey Trump?”
Just thinking out loud: Maybe if the NLRB finds you have been union busting, you should be forced to hold a certifying election (besides going to jail).