drewfx1
The reality is that in any important negotiation things don't get done until the very last second - after each side feels they have achieved the best deal they can possibly get.
Another reality is that many corporate contracts can become null when there is a union strike that lasts for a specific amount
of time.
Another way that the laborer is a played pawn in the game.
For the last 40+ years company profits trickling down to the work force has been trimmed far below the cost of living increase
with the addition of sky rocketing living and insurance costs while lining the pockets of upper management and shareholders.
It has been great for those in the upper ranks and especially considering that their contracts are likely padded with major
pay when leaving. I know of two CEOs that made over 5 million just to leave and both were with the same company.
The model is a pretty darn good one for the upper ranks.....massive income, stretch the life of the company on bare
minimum to keep profits for massive management salaries for the duration while keeping the workforce in place by just enough to keep them afloat- which is currently around 3% annually. And major lump sums for when the management changes.
Of course little of that 3% is seen due to rising cost of insurance even if a group policy is offered.
It has worked so well that many companies have managed to keep the plants running for the last 40 years while very slowly
starving the middle class into extinction.
Only within the last ten years has the dwindling of the middle class become headline topic.
The biggest issue with such a fantastic model is that the "fire escape" route has not been designed with the middle class laborers
in mind...it has been to relocate big business to cheaper labor force ...model survives along with managements incredible salaries.
Shareholders are happy. Profits are making them very, very wealthy and the middle class can do whatever...starve or find a lower
paying job.
World economy was never designed to raise the standard of living in countries outside of the US to the standard of the US.
The standard of living in world economy is for it to seek a balance- meaning that the standard of living in the US must drop as
most countries have a lower standard...which is perfect for the American business model. More people for the companies to
use as their "work horses". The model is simple...feed and water the horse enough to keep it coming back for more.
That is a completely different model than the business model of the '50s and '60's when business invested into the workforce and
the business.
It did last into the early to mid seventies. Good salaries, saving plans where the company would match dollar for dollar. Excellent
health and retirement packages.....all started disappearing in the mid seventies and most completely unheard of by the mid eighties.
So yes...from about the mid seventies to today the American middle class has been on a very strick and unhealthy diet while
those serving the dish have become so fat and have such a large supply of food that it is really of no concern to them....just move
to a place and serve those that require even less to survive. World economy.