SniperFire
Senior Member
- Feb 28, 2012
- 13,627
- 1,226
"Too much" is when labor costs make the company uncompetitive. I dont care if union thugs are making $28/hr or 500/hr or whatever. If unit labor cost is above their competitors then it is too much.
You have cleared up that you are a moron of galactic proportions. Not that anyone had much doubt.
As I pointed out before, wages for working people have remained flat since 1980. The only thing that has gone up are CEO wages.
Wrong, as per usual. :
"The Material Well-Being of the Poor and the Middle Class Since 1980" (10/25/2011) is a research paper by professor Bruce D. Meyer of the University of Chicago and The National Bureau of Economic Research and professor James X. Sullivan of the University of Notre Dame.
In it they report: "Our results show evidence of considerable improvement in material well-being for both the middle class and the poor over the past three decades. Median income and consumption both rose by more than 50 percent in real terms between 1980 and 2009. In addition, the middle 20 percent of the income distribution experienced noticeable improvements in housing characteristics: living units became bigger and much more likely to have air conditioning and other features. The quality of the cars these families own also improved considerably. Similarly, we find strong evidence of improvement in the material well-being of poor families."
Poverty in America? - Walter E. Williams - Townhall Conservative Columnists