General Discussion
In reply to the discussion: So... It looks like Indiana is the next "Right to work" State [View all]laundry_queen
(8,646 posts)via Caterpillar - for half the salary. Half. From a company that's posting record profits.
http://www.cbc.ca/news/canada/toronto/story/2012/02/04/toronto-electro-motive-plant-closure.html
Progress Rail Services Corp., a subsidiary of U.S. construction equipment conglomerate Caterpillar, announced the closure of the locomotive plant Friday.
The company locked out 450 workers from the facility on Jan. 1. Costs were the main factor in the dispute, with the company pushing certain employees to take a 50-per-cent pay cut, despite making nearly $5 billion last year.
(snip)....
On Wednesday, Indiana passed a right-to-work bill, after pressure from Caterpillar, that allows workers to opt out of union membership.
"I don't think this timing is a coincidence," London-based economist Mike Moffatt told CBC News. "Because Caterpillar got the legislation it wanted and the governor was then able to promote the jobs that legislation brought to Indiana."
Jobs that USED to pay a living wage and no longer do. Race to the bottom....