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To: I Drive Too Fast
Higher wages, higher pension cost, higher medical cost and lower profits.

If somebody has to take the hit for corporations shutting down US operations and moving to third world countries it ought to be "Big Labor". Private corporations have only one primary function, to make as much money as possible for their stockholders while obeying the laws of their homeland. It is nowhere near their primary function to make union members wealthy beyond their dreams of avarice.

Of course nothing stops a union from from "passing the hat" among it's members and forming an "employee owned start-up" to compete with their former "Robber Baron" bosses either. True, it's never happened that I know of, but it is an option none the less.

Regards,
GtG

36 posted on 12/10/2012 6:18:53 PM PST by Gandalf_The_Gray (I live in my own little world, I like it 'cuz they know me here.)
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To: Gandalf_The_Gray
If somebody has to take the hit for corporations shutting down US operations and moving to third world countries it ought to be "Big Labor".

In most manufacturing industries, the impact of regulations is greater than the cost differential of labor.

80 posted on 12/10/2012 10:07:33 PM PST by Carry_Okie (The Slave Party: advancing indenture since 1787.)
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