ThurgreedMarshall |
10-26-2018 12:24 PM |
Re: Sebby is a dumbass
Quote:
Originally Posted by Tyrone Slothrop
(Post 519017)
This started from something Sebby said* about the effectiveness of stimulus. If the entire point of making infrastructure spending go to union jobs is that they are more expensive and you think you get more of it, OK, but I think what actually happens is that Congress appropriates whatever it's going to appropriate and if it goes to union projects then there are fewer of them, and the same aggregate spending.
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Yes. The same aggregate spending yields a way lower multiplier when it comes to the economy because, although there may be more less-expensive jobs, the fact that they're not going to union contractors means a way higher percentage of the budget is going into the pockets of rich people who aren't trickling it the fuck down.
Quote:
Originally Posted by Tyrone Slothrop
(Post 519017)
You guys keep explaining the concept to me as if I don't understand it. I get it. I just the delta is pretty small. I concede I'm not backing that up with anything other than an intuition that in all the money spent on an infrastructure project on materials and land and etc., the delta between union and non-union wages is a pretty small thing.
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Well, it sure is hard to argue with intuition. Not sure why contractors and owners all over this country are trying to crush unions. It must be because they value the worker's right to work and not because they'll make tons more money with no collective bargaining.
Quote:
Originally Posted by Tyrone Slothrop
(Post 519017)
It's not small to the workers involved, but it does seem pretty small when you are trying to assess the stimulative effects. Also, (a) the money that goest to the wealthy has some stimulative effect, just not as much, and (b) if the non-union projects are really cheaper, then the mix of work is different -- e.g., your federal highway spending bill gets you 28 highway projects instead of 26, so more non-union workers are getting work than union workers are.
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Your argument is based on assumptions and zero facts in evidence. You have no idea if there will be a different number of jobs if union shops aren't being considered. My guess is that contractors who know they aren't competing with union shops charge whatever they would have charged and pocket even more. Otherwise, if the costs are simply passed on, why wouldn't they be ambivalent towards whether they're a union shop or not? And let's not even talk about the higher training that comes with union work, benefits, and long-term nature of union jobs.
I'm not really going to take your word for the stimulative effect of money in a union worker's pocket vs. that in an owner's pocket. Again, I think trickle down is complete bullshit and am surprised you are a proponent of it, even in this weird, roundabout way.
Quote:
Originally Posted by Tyrone Slothrop
(Post 519017)
To this, GGG offers me a hypothetical where union wages are 3x non-union wages, and TM asserts theres "a much highly stimulative effect," as if just saying that way answers the question instead of restates it. Hey, I just spent a few minutes Googling and I couldn't find anything useful on point, so it's not like I'm saying anything new at this point either. If I were designing federal infrastructure spending packages, I would still steer the work to union shops, but I wouldn't tout the heightened stimulus effects as the reason to do it.
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Sure thing. I'll get right on that research for you.
TM
*I try not to read that garbage anymore.
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