johannielscom
Snorting silver salts
What a lot of people who keep saying that American workers need to be 'competitive' don't understand or won't admit is that American workers can NEVER compete with low wage foreign workers. ...
It's not all about money. My dad drove Fords for twenty years but since the quality of assembly has steadily gone down in the last seven, eight years, he now turns to a Japanese car. US Ford workers have a tendency to slap parts together for the foreign market, while they build cars for the domestic market. Price differences aren't all that big in the EU, import taxes make sure of that. Ford could make money here I guess.
But in general I agree. The symptoms of the illness are different in the EU but the disease is the same. I think Rogers remarks on capitalism are spot on, the stock market economy model is slowly killing off respectable businesses.
Poor banks, being forced by the competition to hand out big bonusses or nobody will come work with them :bang::bang::bang:
In the Netherlands, disfunctional health care managers who are sacked often get a bonus with them, because their contract specifies a bonus, but not a reason to leave the company! How sick is that!?
Politicians will not sanitize the economic model, they're already part of it. We need a revolution, I guess... Life gets confusing more and more, just now that we established communism is bad, capitalism doesn't smell too good either anymore...