[RoninLB]

[QUOTE]Originally posted by LubeMaster77

1) Unions - too many sweet heart deals, too much in-fighting and too many grieveness's make it worthless.
------- depends what business and how old the business and union is and specific to each other.. otherwise the unions have been in a serious decline for the past 20yrs. The old timer mfg are screwed as in auto mfg. US unions have traditionally been business friendly in this envelope relative to old Europe. Unions are trying to remodel to halt their declining political and economic power. So far their future seems to be in doubt over all.

2) Sexual harassment - anybody can claim it and it totally can distroy a mans/womans reputation at work.
-------- judicial activism aided by a press feeding reader interest social soap operas.

3) Out-sourcing to sub-wage companies outside the US
------- blue collar out-sourcing has never been a prob. The trickle of prof and white collar out-sourcing has the potential for a prob in the future.

4) Buying raw materials according to price and not performance or quality.
---------- the internet has fueled these markets by eliminating a delay of the middle man for real time auctions. You can still buy futures so I don't see the beef.. otherwise I don't get the "and not performance or quality" in a raw material such as copper or steel ?

5) Ignoring the employees we have and trying to get the "silver bullet" to solve our problems.
--------- internal management flows down hill and mgt politics is mgt politics. aslo competition is fierce in a global economy.

6) Not listening to the folks who helped build the business.
------- upper mgt decisions is part logical and part politics.

7) Letting the medical benefits get out of control.
-------- old school closed economy thinking is burdened with old school burdens of all sorts. GM is a good and often written about example. Otherwise medical costs involved in a inefficent cost model.

your bud missed a few things like gov't politicians making decisions concerning business, as if they understood it. Judicial power overpowering legislative. A flawed school system. A convoluted business tax system that's not world wide competitive. A flawed tax system discouraging capital formation. A Rep and Dem political system seeking short term votes over logical job formation and catering to the college crowd that listens and follows a socialist model or they risk bad press. Not to mention Sabrines-Oxley sic crippling medium size business growth and formation, congress of both stripes catering to protectionism which soaks the economy of jobs and capital. Etc. Etc.