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From: brower@fortune.UUCP (Richard Brower)
Newsgroups: net.flame,net.politics
Subject: Re: Unions, onions, and things... The Saga Continues
Message-ID: <3113@fortune.UUCP>
Date: Thu, 19-Apr-84 20:16:05 EST
Article-I.D.: fortune.3113
Posted: Thu Apr 19 20:16:05 1984
Date-Received: Fri, 20-Apr-84 07:01:28 EST
References: <725@ihuxp.UUCP>
Organization: Fortune Systems, Redwood City, CA
Lines: 18

Now just a cotton picking minute here.  When there was basically no
competition for (for example) the steel plants in the United States,
there was no reason to modernize because one could charge what one
needed to in order to make a profit.  As more modern plants were
built in other countries US steel plants became less and less profitable,
and the costs to modernize became higher and higher.  Finally, United
States steel plant owners discovered that they could no longer compete
in the market for steel and put the blame on the unions for negotiating
a living wage for their workers.  Also, in looking at the situation,
they found that they could turn a faster buck (increase those quarterly
dividends) by investing in areas other than modernizing their plants.

Therefore, we are now at the level that it is far cheaper to import
steel from Japan (and pay the shipping charges) than to manufacture
it here in the states.  And the unions are so easy to blame!

Richard Brower					Fortune Systems
{ihnp4,ucbvax!amd70,hpda,sri-unix,harpo}!fortune!brower