owebo
Gold Member
No,money weren't...you're remembering you fake news fascist fantasy...Yes, they were. You are remembering, right wing fantasy.Except management was getting richer, and labor wasn't getting poorer...so....Management was too busy getting richer while Labor got poorer.Or go bankrupt renig on pensions and open back up later as mostess and pay new employees less.not this right wing fantasy, again.The unions sucked the life out of those companies paying the benefits. Auto companies were paying more in pensions than they were on steel. The unions were vampires sucking the life out of the companies that employed them. As with all parasites, when the host dies, so does the union parasite.
Just a few years ago we saw it happen with Hostess. The company begged the union to let the company survive. The union said no. Where did they think the money was going to come from?
Hostess closed. Sold off the recipes and the owners pocketed a few million. No comfort for the deservedly unemployed union members.
Hostess merely had, lousy capital management that was overpriced under Any form of True capitalism. Management compensation should have been cut to cover the short fall, not Labor compensation. It was not a labor issue, it was a management issue and they should have taken responsibility instead of simply blamed Labor.
Then blame Obama because workers aren't doing as well now. No shit! Hostess didn't want to pay.