The Mudcat Café TM
Thread #27776   Message #343916
Posted By: kendall
20-Nov-00 - 09:39 AM
Thread Name: BS: union busters
Subject: RE: BS: union busters
I offer a question.. Lately, many manufacturing jobs have "gone south" to Mexico. Caterpillar, Briggs & Stratton etc. In Mexico they get those things put together for a fraction of what it used to cost here in the USA. Yet, the price of a new tractor or lawn mower has not decreased at all. This adds a lot of profit to the stock holders of these companies. The question is: What is the cause of all this? Is it high labor costs, or corporate greed? Both? I realize we are headed for a world economy, but, what about the poor schmuck who thought he would be taken care of by Generous Motors as long as he did his job well, and stuck himself with a $150,000 mortgage? From $20.00 an hour to minimum wage is quite a drop.