Posted by: msgruntled on: February 11, 2009
Republican Senators expressed concern that Labor Secretary nominee Solis “is connected with pro-union interests.” Gee, you’d think that you’d want the Secretary of Labor to be in favor of labor’s interests! What a concept! These of course are the same folks who complain that the stimulus plan is full of spending.
Posted by: msgruntled on: December 12, 2008
Before you go beating on the UAW and unions, here’s a thought: If the Senate wants to roll back union wages to match our Japanese competitors, then they should also be requiring that management do the same with their salaries. There are lots of comparisons of global executive pay ratios, and they differ somewhat in the figures. But taking the most conservative estimate figures, the ratio of CEO pay to that of the average employee in Japan is about 11. In the U.S., it’s 350 to 400!