Isn't envy one of the deadly sins? ;)
mike
Lee Florack wrote:
>
>>
>> It won't help management much. However, you cannot ignore the facts
>> about the horrendous burden that extremely high salaries (when compared
>> to value provided), high healthcare costs and ridiculous retirement
>> costs -- all the result of union demands have and continue to be at least
>> one of the major causes of unprofitability. Even if the management teams
>> of Ford and GM could somehow produce some desirable cars anytime soon,
>> the profit margins would still be too low.
>
> True enough, but don't forget that the GM and Ford executives are also
> wildely overpaid by world competitive standards and have pension programs
> for themselves which no mortal can hope to get.
>
> John