Friday, January 30, 2009

Query


Random public domain image of a graph and a weird lookin' dude,
Here.

For any and all Econ majors/actual economists: Is it necessarily the case that if union pay decreases there would be a significant increase in hiring (or the creation of new jobs)? Or would the execs and union-bashing consultants just take a sweet bonus? Or (inclusive or) would the corporation just save some money/pay down debt?