Comment

TRADE AND SERVICE UNIONS

4
Bob Levin2/27/2011 4:56:37 pm PST

The misdirection here is that higher labor cost are automatically passed on to the consumer or taxpayer.

Not true at all. These costs can be passed on, but only if the person setting prices thinks that such an increase wouldn’t negatively affect sales and profits.

Simply put, if you produce a product or offer a service, then other folks will need to have enough money to buy it.