02-13-2008, 08:11 AM
Quote:I think this is a symptom of what the unions have been doing for years: pricing themselves right out of the market. Not for the first time, either.
I don't agree. The difference in wages between the US and say china/india etc. is so huge that the small influence that unions have on getting better working conditions and salary does not really make a difference for the shareholders when they have to decide if a factory has to be moved to another country.
In fact it is just pure capitalism where one seeks for the cheapest way of producing something. So Americans should be happy about this because the consumer also notices the price difference.