I heard on the news last night that the Greens are against the voluntary sale of a holiday week – because in a tough economic climate people may well have to sell the week.
However, how this is bad doesn’t make sense to me. People are struggling because of the poor economic climate, so the value to the employee of selling a week of holiday is very high – they really want to do it. When we prevent people from doing this aren’t we actually hurting them more?
It is like the Greens are saying that they don’t like the policy because people will use it – and the Greens think there is some reason (maybe externalities?) why people should HAVE to have this holiday, even if they would rather have the money to feed their family …
Beware emotive language that is used to hide the logic of the argument!