Well, Slater’s reverse midas touch has struck again. It’s remarkable that Slater should be able to take a 125-year old publication and kill it in 6 months, especially when Judith Collins says he’s better than the mainstream media. Or, perhaps, he had been so successful in turning Truth into the new media dreadnought that its jobs was done. Ah well, lets remember how it began.
Union wage rises beat non-union every time. It’s basic market theory. If workers bargain individually they are in perfect competition with each other and become price takers. Together they have market power. Hence: “united we bargain, divided we beg”. But the Right doesn’t want you to know that. They want to break the unions to strangle wage rises.
Cameron Slater reckons he’s cracked it; wages are growing after all. What’s his proof? A graph from the EPMU that shows wages have risen 17% and inflation only 15.7%. Wages are up, no crisis! But the man-boy genius needs to check his info better. Turns out that’s the average payrise for EPMU members since 2007. For all workers, the average pay rise was just 13%.
