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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Something in the private sector have gone askew...the pay a CEO receives now for example...but this is a function of the Board of directors...
Secondly people with high tech skills are more highly sought than factory workers...
Many manufacturing jobs have gone overseas, becuae it is more cost effective...labour rates were askew in the USA after WW2 and with the rising compettion of foreign countries..it has put pressure on American labours compensation... Since the 1960's and 1970's it was a NO BRAINER to figure out American workers were overpaid...and some kind of adjustment was in order...the hope had bin that the tide would rise all boats...Baby the Golden Age of the American worker has past....and a return to the norm is now happening...
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"Some Observer"
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