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Superman Superman is offline
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Join Date: Mar 2000
Location: Lacey, WA. USA
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I understand the realities. As I have said, as we move to a global economy, either Americans will be six times more efficient than other workers (who earn six times less), or we will be at a competitive disadvantage. To the degree that we fail to be that much more efficient than other countries' workers, our wages and benefits will have pressure downward. Water will seek its level. So will labor costs. It is just possible that American wages and benefits must fall. Our affluence and lifestyle will be reduced. Potentially. Likely. And so......it is not the corporations that are at risk here. They will not take the hit.

In America, many workers do feel that we expend so much effort creating and maintaining a favorable business climate......on the theory that what's good for corporations is also good for workers and their families. They feel we do this at their expense. That instead, the focus could be on the workers directly and their families, but that those workers need to accept the premise that their interest are better served by indirectly favoring workers by favoring their employers. So.....at a point like this, were UAW workers' health care insurance costs are eating into wages, they wonder why they cannot look toward those employers to take care of this.

In other words, if there is bad business news, the workers will suffer. But if there is good business news, the corporation will enjoy unusually high profits.
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Old 10-11-2007, 11:36 AM
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