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Politics : PRESIDENT GEORGE W. BUSH

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To: TigerPaw who wrote (191053)10/11/2001 3:45:51 PM
From: Mr. Whist  Read Replies (2) of 769668
 
Thanks. Good point. While I'm not an economist, nor claim to be one, I do keep a close watch on what's happening at my workplace. Top managers' bonuses (which often exceed their salaries) are tied to (1) bottom line; (2) price of stock. One way to achieve (1) and (2) is to squeeze every penny possible out of the cost of labor. Hence, the more the average worker is squeezed, the greater the bonus for the guy in the $300 suit.

In the long run, the company often hurts itself by squeezing the workforce so that the few at the top can drive fancier cars.
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