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... negotiations, which were unfairly strengthened by federal law, and ...
... amazing success
Wal-Mart has attracting employees.
The US automakers are now in big trouble because their obligations for
health and retirement plans eat up more than their gross income. In
addition, they have historically paid very high wages, considering the
skill levels of many of the jobs. This happened because of union
negotiations, which were unfairly strengthened by federal law, and the car
makers had to give in to their demands. A short time ago, GM and Toyota
had the same gross income, but Toyota was profitable because they were not
hindered by the same union contracts as GM, Ford, and Chrysler. Toyota
offers decent wages and benefits, but not to the point of being a losing
entity.
That's the stock answer supplied by those heavily into the "politics of
the underprivileged", but it doesn't explain the amazing success
Wal-Mart has attracting employees. Unions cover such a small fraction of
US workers that their use as an example is basically irrelevant except
as an anachronistic anecdote.
Bob at PC