Not Ranked
i think the bush administration set the tone for big business.
we see it in the work force at a government facility. our pay (the workers) has been froze for nearly 3 years now with lump sum yearly payments if your rating is high enough. which is funny, because they used to do this years ago and found it inefective and disruptive to the work force. this does nothing for our retirement and is not included in our base pay.
on the other hand, the supervisors have not been subject to this and are still receiving their yearly increases.
this seems to mirror what is happening in the private sector. the ceo's and upper management of larger business are not taking pay cuts or losing out on increases that i have heard of. we hear about layoffs but where are the sacrifices of these high paid people? they'll tell you that they are only accepting $1 in salary for the year but they've already made millions and are living high off the hog and could give a rats ass about 1 year when they know they have more wealth to come.
with all the layoffs and nothing for these people to do look for more gov sponsored projects. we have no manufacturing to speak of, it is all overseas.
it would be better imo to accept reduced pay, at least there is some cash flow. but business doesn't do this, they just lay the people off.
i don't see an end in sight, we still keep hearing of layoffs in the 1000's. i think the gov is hoping for a best case scenario, and personally, i don't know how long they're going to keep using the recession vocabulary, because i think it is only so far from the "d" vocabulary.
the only reason gov is worried about the little guy is they're losing revenue and are worried about their own demise, just human nature.
how's that for cynicism.
isn't this how revolutions are started?
|