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Reply #107: Whatever the reason, end result being that good union jobs are lost [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
BigYawn Donating Member (877 posts) Send PM | Profile | Ignore Tue Feb-28-06 02:56 PM
Response to Reply #103
107. Whatever the reason, end result being that good union jobs are lost
when a business shuts down or moves. Businesses are not
run for some altruistic purpose.
Do not expect business decisions to be based on
fairness, or even long term benefit. The bottom
line for the next quarter is what the CEO thinks about.

What I really would like to see is a ceiling on
executive pay. For example, while K-Mart and
United Airlines were going bankrupt while at the
same time paying obscene compensation packages to
the CEO's.

I think all workers at low and mid-level in every
corporation get cheated when higher management awards
unjustifiable pay levels to themselves. We desperately
need a MAXIMUM ratio between the highest paid/lowest paid
employee in every business. That way if business is very
profitable, all will benefit.
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