Quote:
Originally posted by Moneyguy1
Ask why there is so much rancor between those making a modest income and those making multiples in "management" while selling their company down the river. That may sound harsh, but if one examines why we, in the US are at a disadvantage in manufacturing, one only has to look at the emphasis on dividends to shareholders in lieu of technological improvements and plant renovation. Tell me....where is the steel industry located now?
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The US is the third largest producer of steel in the world, behind China and Japan.
To take a look at how unions affect a company's ability to operate efficiently, compare the US auto manufacturers in this country to the non-union foreign firms who build cars here.