Not Letting a Fact Stop a Good Tale
30 August 2006
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
Harold Meyerson writes that the past thirty years has witnessed a "war of American employers on unions" resulting in a "decoupling of increased corporate revenue from employees' paychecks" ("Devaluing Labor," August 30). He chooses as his argument's crescendo the low salaries paid to pilots by Mesaba Airlines.
Bad example. Mesaba Airlines filed for Chapter 11 bankruptcy in October. The low salaries it pays clearly haven't resulted from - and certainly haven't resulted in - any "increased corporate revenue" pouring into Mesaba's coffers.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
Harold Meyerson writes that the past thirty years has witnessed a "war of American employers on unions" resulting in a "decoupling of increased corporate revenue from employees' paychecks" ("Devaluing Labor," August 30). He chooses as his argument's crescendo the low salaries paid to pilots by Mesaba Airlines.
Bad example. Mesaba Airlines filed for Chapter 11 bankruptcy in October. The low salaries it pays clearly haven't resulted from - and certainly haven't resulted in - any "increased corporate revenue" pouring into Mesaba's coffers.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Wednesday May 16, 2007 at 2:55pm