On September 15 the United Auto Workers (UAW) went on strike against all three major automakers. Union chief Shawn Fain said it was necessary because of “corporate greed.” Their employers, he claims, are keeping too much of the profit all to themselves. Vermont
“The workers are screaming that, since business profits are way up, that they’re getting cheated.”
I have found that the same people (usually politicians) who holler about “record profits!!!” never mention what the profit MARGIN is for the company / industry being demonized. They just give the impression that the “evil rich” are being terrible.
“The workers are screaming that, since business profits are way up, that they’re getting cheated.”
I have found that the same people (usually politicians) who holler about “record profits!!!” never mention what the profit MARGIN is for the company / industry being demonized. They just give the impression that the “evil rich” are being terrible.
Always about Other People's Money. None of them ever suggest the employees take pay cuts when a firm is in the red.