Meet the CEO Who Cut Worker Pay in Half While Pulling in $21 Million Last Year

[BrotherIvan]

40. So the idea that the person who MAKES the product you are buying

is a worthless, dispensable automaton but the guy in the suit who sits in board meetings is the important one? Especially when dealing with products that require safety such as a car or a plane? Have you read all the articles on the airplane manufacturing that was shipped overseas to save on labor costs and ended up literally falling apart in the air, wings falling off because of cheap materials or improper construction, landing gear that not only failed to come down but fell off when engaged?

I'm sorry, but you should really change your screen name. Nye Bevan was a champion for LABOR. It's a disgrace.

If you haven't noticed, there has been a sea-change where companies and shareholders expect extraordinary profits. That has to come from somewhere and so CEOs have decided it should come from the worker's hides. It used to be a healthy company made 10-30% profit. Now they want to make 100-200% with gigantic bonuses and don't forget executive perks like the company jets the carmaker CEOs flew to Washington. No longer is the skilled labor required to make a quality product considered part of the equation. Because consumers are so addicted to the cheapest price regardless of quality, and because of the race to the bottom in wages, people are willing to accept that it's just fine that workers should be paid half what they were THIRTY YEARS AGO.

AND YOU BOUGHT THIS DRIVEL????