Tonight’s local news (Detroit) showed some footage of Northwest Airline pilots, picketing at the airport today, for what they believe are unreasonable concessions demanded by the company. Unfortunately for Northwest’s pilots, as the market becomes more competitive, demand for any particular airline becomes more elastic – and consequently, the power of the unions is greatly diminished. Need I remind them that NWA lost 2.6 billion dollars in 2005? That’s “billion,” with a b Or,...
The New York Times is reporting that yes, in fact people do favor a gas tax… but with several glaring caveats… “If it reduces global warming…” “If it reduces our dependency on foreign oil…” “If it is equitably applied…” can I call “bullshit?” Will someone please get to the bottom of this? Because I really don’t believe that anyone, anywhere, ever, is readily willing to pay more for their gas. The bottom line is...
Just as Michigan is contemplating state provided health care/retirement benefits, Canada, that bastion of Socialism and free-health care for all is realizing the glaring inequities in its supposedly egalitarian system. Now, I’m certainly not the first, and I won’t be the last to accuse Canada’s health-care system of being awful. But it’s nice again to see that where government provision fails, people find a way to get by. I’m not going to take any...
