Saturday, December 13, 2008

Congress To Auto Workers - You Need To Cut Your Wages

More of that race to the bottom of the barrel. Congress to Wall Street - use taxpayer money to pay your bonuses. Bonuses that are often hundreds of times greater than an auto worker salary. Bonuses to asshats who destroyed the banking system. Me to Congress. You are also asshats not worthy of your fortunate position of public servant.

I have used this quote a few times over the life of this blog and I'll be using it again in the future because the asshats who have the microphone are so frigging stupid.

"We are justly proud of the high wage rates which prevail throughout our country and jealous of any interference with them by the products of the cheaper labor of other countries. To maintain this condition, to strengthen our control of home markets and, above all, to broaden our opportunities in foreign markets where we must compete with the products of other industrial nations, we should welcome and encourage every influence tending to increase the efficiency of our productive processes"
---Henry Towne, President of the American Society of Mechanical Engineers, 1911

Hey asshats, as I've stated as fact before, real productivity enhancements are not measured by lower wages. For God's sake, does anyone understand economics? And, if anyone deserves a pay cut, it's the cretins in Washington who created this mess.
posted by TimingLogic at 2:13 PM