The Economist article on Germany

[piece-itpete]

I was commenting on the article

Pete

[icenine]

Pete you post the fewest words but have the most impact....you are like Hemingway in that regard....instigator par excellance

[BlueStreak]

Originally Posted by piece-itpete

Liberalizing labor rules and holding down wages?

Pete

You puzzle me. Who said anything about wages? I'm talking about the practical problems of trying to run a factory from half way around the world.

Regards,
Dave

[BlueStreak]

Originally Posted by Boreas

Why is "holding down wages" a universally good thing?

John

I guess for the same reason that denial or omission of benefits is a wonderful thing to some people.

Regards,
Dave

[BlueStreak]

Originally Posted by BlueStreak

We all want to make $30 an hour but don't want to do the hard work necessary to support those wages or pay the prices that those wage levels would create. So we export our own jobs to keep the prices down........Then wonder why our (post) industrial cities are a mess and our economy sucks.

I really do think we've become a nation of idiots. Or, maybe we have been all along, but WW2 left us without competition for a couple decades? It's easy to end up on top when everyone else is on their deathbeds.

Regards,
Dave

Was it this? This was more about cultural differences like the shitty work ethic that is omnipresent regardless of the presence of labor agreements or pay levels.

Dave

[piece-itpete]

Dave I was comenting on the article! Agreed about work ethic.

Originally Posted by icenine

Pete you post the fewest words but have the most impact....you are like Hemingway in that regard....instigator par excellance

I'm like Hemingway? Thanks! I'll be strutting like a peacock all day now

Pete

[Boreas]

Originally Posted by piece-itpete

Dave I was comenting on the article! Agreed about work ethic.



I'm like Hemingway?

A misogynistic drunk.

John

[piece-itpete]

[whell]

Originally Posted by BlueStreak

We all want to make $30 an hour but don't want to do the hard work necessary to support those wages or pay the prices that those wage levels would create. So we export our own jobs to keep the prices down........
Regards,
Dave

I recall making this exact point in a post a few months back and got slammed for it by a number of forum members. I'll wait and see what the response is to your post, but I suspect that your comment will be more easily consumed by board members.

[ebacon]

Here's a bit on German union workers in the auto industry.

http://www.forbes.com/sites/frederic...twice-as-much/