... in response to Unions...an Epithet for Exorbitance, posted by Spanky on Dec 26, 2005"Unions are an abusive, exploitive, siphoning, economic enigma. They need be, and will be dismantled."
I disagree. This is more like itUnions and management are an abusive, exploitive, siphoning, economic enigma. They need be, and will be dismantled.
When office workers that have problems adding 2+2 together make more than engineers and scientists you know this country is dying. The CEO of a biotech and his other top management will make millions of dollars in earnings and perks but are completly worthless to the outcome of a product. The drug itself that is made by the biologists, scientists, and engineers has the real value and asset to the company. In America they are throwing away their assets or trying to underprice the very people who have designed most of the products over the last decades. Now students all want to go into business and law instead of the sciences. This paper economy will crash when China and India start to create more patents than we do and most of it is the greed of corpoarte managers destroying the very people that built these firms into world powerhouses. We can't rely on foreigners to continue to come here to do our research and wealth creation for us, some day they will decide India and China are better places to live than uprooting their families. US managers are the most overpaid in the world and it is not good for the shareholders to make them think they are worth that much. Proof, GM management are lousy bums compared to Toyotas management that is paid much less.
