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To: MACVSOG68
But yes, in fact from a wage perspective, we are pricing ourselves out of the world marketplace.

I would say from a cost perspective rather than a wage perspective. As you know, wages are just a part of total costs of goods.

I submit that union work rules cost us more than union wages; that the threat and costs of lawsuits affect our manufactrurers, distributors, and resellers quite a bit increasing their costs, as well as the loss of risk taking and entreprenuership which give us new, cheaper products; that unnecessary regulations are a big impediment to our economic competitiveness; that high and misapplied taxes are a detriment to business; government subsidies distort the market and raise costs, tariffs on imports to protect special interests like coffe and sugar distort the market and trade; government involvement in hiring and firing practices distort business decisions; the costs of health care and other benefits are greatly increased by government polocies; and on and on.

Wages are the least of these concerns in our business costs and competitiveness.

43 posted on 07/26/2005 1:49:16 PM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
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To: Mind-numbed Robot
I submit that union work rules cost us more than union wages; that the threat and costs of lawsuits affect our manufactrurers, distributors, and resellers quite a bit increasing their costs, as well as the loss of risk taking and entreprenuership which give us new, cheaper products; that unnecessary regulations are a big impediment to our economic competitiveness; that high and misapplied taxes are a detriment to business; government subsidies distort the market and raise costs, tariffs on imports to protect special interests like coffe and sugar distort the market and trade; government involvement in hiring and firing practices distort business decisions; the costs of health care and other benefits are greatly increased by government polocies; and on and on. Wages are the least of these concerns in our business costs and competitiveness.

Disagree. Yes, there are many costs that go into a manufactured package, but by far the costs of salaries and wages together with the associated life, health and retirement packages make up the lion's share of costs. And with unions, the costs of health care and other benefits are greatly increased by the bargaining process, not governmental policies. Generally, the only place the government gets involved there is social security, 1/2 of which comes out of wages, and the funding for retirement plans. The government now requires that pension plans are actually funded rather than the creation of a debt note in the financials.

Lawsuits are problematic, but unless you are big tobacco, nothing like wages. Take a look at any annual report and look at the cost of sales, most of which is cost of goods manufactured. It can range from 1/2 to 80 percent of sales.

Again, I don't really care one way or the other, nor am I making value judgements about unions. They exist, and they drive up costs significantly. This includes union workrules which I consider part of salaries and wages.

46 posted on 07/26/2005 4:09:28 PM PDT by MACVSOG68
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