If a company is losing money, the top management should be demanding cuts in workers salaries and benefits and not giving themselves bonuses and salary increases. This is why we have class warfare in the US. This has been going on for decades and it finally took a financial implosion (caused by Wall Street bankers and CEO’s) to have this issue erupt into the open. Dems understand this and will exploit this issue. The GOP does not even have a clue and continue to faithfully back corporate CEO’s motives in everything they do. The anger at the 1 percent is similar to the middle class backlash against the welfare class during the 1970’s.
“This is why we have class warfare in the US...Dems understand this and will exploit this issue.”
That is true. If one cannot reasonably explain to others why one needs a salary as high as some of these people, then you’re setting stage for envy, class warfare, and maybe real warfare.
What I just wrote sounds Socialist...and maybe so, but it is also true - and it is destroying the Republican Party. It’s one thing to keep up with the Jones’s in an upper middle class area. Where I live in Texas, maybe $200k can buy a family a really nice lifestyle. In the Northeast and California (for obvious reasons), maybe $300k. If you have 3 kids and want to put them in private schools and then private colleges, then figure $350k in Texas and $500k in the Northeast and CA. Unless other expenses, such as liability (or malpractice) insurance, exist, then money beyond those numbers is for nothing but luxury and showing off. That’s all fine - but when things get tough, as with Hostess, don’t expect to get much sympathy from the workers - union or not.
So you support class warfare that will flush the entire US down the economic toilet?