Source: Reason
by Gord Magill
“For years we have been told that the American economy is at risk of total collapse if the American Trucking Associations (ATA) can’t find another 60,000 or 70,000 or 160,000 truckers. If there were an actual shortage of truckers, trucking companies wouldn’t get away with barely paying minimum wage, would they? … In a properly functioning market economy, wouldn’t the shortage boost the price of truckers’ labor a little higher than what one might expect at a fast-food restaurant? What are we missing here? … When the ATA hit on the phrase truck driver shortage, it found a messaging tool that has helped them line their pockets with oodles of taxpayer money. In the process, it stymied wage growth — to the advantage of trucking-fleet owners and the Fortune 500 companies that are their customers.” (for publication 05/26)