Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (46641)	5/12/2001 8:56:42 AM
From: norm chin	Respond to of 70976

"It would indeed be "nice" if we lived in a utopian world where we could set high wages for all independent of employee productivity, mandate zero inflation, etc, etc. Unfortunately the real world just doesn't work that way." Nicely put, Bill. In a PM to Pete Young last night, I made the following comment: "...Further, as many of us know, if we increase the cost (eg union benefits, high taxation) of doing business to a certain level, Mr Capitalist simply moves offshore to where he can continue with his exploitations. We have to bear in mind that a fair wage is one which the market is willing to pay as opposed to what any one group (such as a union) might be demanding...."