Quote:I'm only against Public Unions, because it's organized labor against the tax payer.

 

As a Libertarian I don't see any problems with private unions or individuals bargaining on a collective place, but it's when government get's involved that I object.

 

Again the relation to the amount of jobs and the wages paid is easily observable. If you look at the Median Income (that's the average) and also look at the Employment Ratio you'll see an undeniable correlation that as jobs decrease or become in demand by the worker the median income gradually decreases. As job's increase and workers become in demand by the employer median income increases.

 

 

 

It's not faith in business, it's an observation in the laws of economics. Supply and Demand, if you want to drive the price of something up (in this case wages) you need to create a demand ( in this case workers). The only way to create a demand for workers is to create more work. Regulation does not create work.

Regulation does stop a lot of bad things from happening. Saying the market will police itself is foolish. Perhaps, laws of economics that work in a vacuum and in models would work in the real world. Nobody knows because there is no true free market that I know of. What wont work is the policing of themselves the way real true regulations can. 

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