jpgray
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Tue Jul-20-04 09:21 PM
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People need to realize that for some, 'enough' doesn't exist |
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Edited on Tue Jul-20-04 09:26 PM by jpgray
I've heard various plans being espoused from both sides of the aisle to the effect of lowering costs for insurance companies or for corporations so that they will lower the cost of insurance, or hire more people in the US, respecitively.
But in all likelihood they won't do that--there does not come a point where these entities say 'Okay, now that costs are down, we're making enough money and can do what's best for our fellow people.' That point DOES NOT EXIST in our system for people in business administration. It simply is not there. They will take the extra profit and try to push their costs down even more, by lobbying for tort reform and further deregulation/subsidies/tax breaks. Anything you give to a large corporation, they will simply take it and give nothing back--why should they? The corporate world is Machiavellian--those who try to do good will always be out-maneuvered by those who are not limited by any set of morals in their decisions.
We're one of the largest and wealthiest markets in the world--we shouldn't be throwing these people a bone, we should be wresting one back from them. If you trust a large corporation to do the right thing when they can simply pocket the extra profit, you are seriously deluded.
According to Business Week, the average CEO of a major corporation made 42 times the average hourly worker's pay in 1980. By 1990 that had almost doubled to 85 times. In 2000, the average CEO salary reached an unbelievable 531 times that of the average hourly worker. Were CEOs criminally underpaid in 1980 or 1990? No. Yet so much of the extra money made goes not to improving the lives of workers or the world community, it simply goes to make rich people richer. Do NOT trust corporations to respond to reduced costs in any way other than increasing the size of their own wallets.
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mike_c
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Tue Jul-20-04 09:26 PM
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bluestateguy
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Tue Jul-20-04 09:31 PM
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2. Whores for the Pentagon are the same way about defense spending |
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No matter how much we spend, it's just never enough. Clinton's annual increases in his second term? Inadequate. The fact that we spend more than the next 10 highest spending nations combined? Whatever, it's not enough. There were even a few neo-con computer peckers who called Bush's first Penatgon budget (pre-9/11) "not adequate". Anytime something bad happens in the world, gotta spend more on the military. I have finally come to realize that they will simply never be satisfied with the trillions that we pour into the Pentagon. And the Cato Institute people are the only public figures who have called the neo-cons on their bullshit.
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jpgray
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Tue Jul-20-04 09:35 PM
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3. They're implacable--they will always want more |
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Edited on Tue Jul-20-04 09:35 PM by jpgray
Someone has to start kicking ass and taking names in the corporate world--there is no give and take with them, there is only take. Doing this might result in some economic turmoil for a time, but that will happen sooner or later anyway when the average CEO makes over 500 times what his employees make.
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jpgray
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Tue Jul-20-04 11:10 PM
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I'll watch it go down one more time before bed.
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Kanary
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Tue Jul-20-04 11:18 PM
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5. The 'Murkin population, by and large, have discarded unions |
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Most people want to believe that unions are, somehow, crooked.
They don't bother to understand the history of unions.
The only way to bring about the changes you are talking about is collectively.
It looks to me like the hordes are going to have to relearn, the hard way, about collective bargaining.
Too bad.........
Kanary
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Fri Apr 26th 2024, 04:48 AM
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