To: Toddsterpatriot
My point is that government stupidity is not the only reason that American companies want to manufacture overseas. Sometimes unions play a role.I agree with that. Sometimes, they just demand more than the jobs are worth. But, we have much larger problems than wages. Huge profitability bonuses, and stock options, are really creating a disaster. Instead of looking at long-term success (as the foreign manufacturers who locate here are doing), we have CEO's literally destroying companies for short-term gain. It's stunning...I don't know what else to say.
To: garandgal
Yes, greedy CEO's can do lots of damage.
It's a good thing we have selfless politicians who will do the right thing without causing more damage./sarcasm off
To: garandgal
Short trem gain is the currency of CEOs and their Boards of Directors everywhere. Come in for 15 months, get the stock to jump a few points by laying off Americans and hiring foreigners at a percentage of Amercian wages, then retire fat and happy on the stock options.
75 posted on
05/04/2004 2:28:50 AM PDT by
Wolfie
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