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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (266222)12/28/2005 12:52:34 PM
From: Road Walker  Read Replies (5) of 1574873
 
re: :"I cannot believe GM's Union demanded a better plan than it -- the Union will bankrupt GM."
*****
Plus hundreds of other companies and the country as a whole.


I wonder where the record S&P profits are coming from?

Unions are a favorite whipping boy because the members generally make more money, so when they ask for higher wages or even to maintain their benefits, even the lower wage workers turn on them as greedy. People forget that higher wages beget higher wages even in other industries (and the reverse is true).

No, what will bankrupt "the country as a whole" is losing the middle class.

John
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