PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: DOUG H who wrote (174904)	8/27/2001 3:39:45 PM
From: Mr. Whist	Read Replies (2) of 769670

From my own perspective, as a rank-and-file worker, the business cycle runs like this: Year 1. Charge more for the product to enhance the bottom line. Year 2. Shrink the product to reduce raw material costs to enhance the bottom line. (Example: Procter & Gamble used to offer Safeguard soap in a 5-ounce size. It was shrunk to 4.75 ounces about a year or so ago in a soap bar "redesign.") Year 3: Downsize the workforce by 10 percent to "stay competitive." Year 4, Part A: Outsource work to factories in Mexico and China. Year 4, Part B: Contribute large sums of money to political candidates who believe in the concept of corporate welfare. Year 5: Start the cycle all over again. Oh, yes. I forgot one thing. Somewhere around Year 3, try to raid the union pension plan. There's only one thing that has gone in the opposite direction during this cycle. That is executive compensation. While the little guy is getting hammered, the fat cats in the suits at the top are driving fancier cars and wallowing in their 7-figure bonuses.

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