I'm not pro-union by any means, however, if someone is giving, I'm going to
>take whatever I can get. While good wages make for good consumers,
>excessive wages are a burden on industry. Remember the cleaning woman in
>the new recently that was pulling about 100k in wages and pension? She was
>smart in taking what she could get, but the company was negligent in making
>that possible and passing on the cost to the auto buyer. .
>
Sad to say, but if the union didn't take it, profits would have gone to even more obscene executive pay, perks, bonus' and platinum retirements.
I still remember the story of GE's retiring CEO.... How much is "too much" ?
Or the first "Billion Dollar CEO " who retired from United Health Care.....