YES there is a lot of worthless junk crap being sold on the market that may have come from China.
Statements like that need some kind of corroboration. I worked at GM as a trades man, a die maker, the highest paying hourly job in the union. They must have been cheating me, no one ever made that kind of money, not those with a union job any how.Union workers feel entitled to work slow and get paid $85 per hour.
There "in theory" is nothing wrong with unions to protect the common man! However! With power comes madness.. That's why prime ministers and presidents only have a small lifespan... Unionists are life members and they themselves become corrupt... As I say, Socialism is brilliant in theory..
.. .. .. .. or get married !We live in a communal world.. We kinda all sign up to this world, the alternative is to go sit in a cave in the hills..
Unions are OK... The men who run them start the dictating.. They become a bit OTT on the side of the working man.
This makes a company inefficient to pay none productive people that is why pay increases for everyone are hard to get.
Amen.it is my belief the unions put several nails in the British car industry coffin
This differs from place to place... Some are paid high wages to just be a fall guy... Some are paid high wages because they actually do bring in the money..So then how do you justify paying the people at the top of a company ~1000 times the highest paid hourly employee?
Assume this... Without a high tech Sales manager... Sales net;- 20,000.. With a High tech Sales manager 120,000... You cannot say no!..
There are CEOs and CEOs.A CEO is just a figure head, and lends nothing productive to the profit,
Maintenance & electricians add no profit but are necessary.
There are CEOs and CEOs.
For the extreme end of the argument against your statement. Take Elon Musk as an example. Starts Zip2 with his brother, sells it to Compaq for after 4 years for $300million. Starts X.com, which becomes Paypal and sells to ebay for $1.5billion after 3 years. Starts SpaceX now valued at $74billion. Joins Tesla now valued at $777billion. Love'im or hate him, you cannot deny he makes things happen.
Of course, for every one like him, there are a dozen wastes of space and air; but think about your (ex-)coworkers, how many of them were wastrels? And for every star, there were probably a dozen plodders.
The very best CEOs are worth what they are paid because of their willingness to take hard decisions and bear responsibility; which is why they are paid what they are paid, to stop them being poached.
For the rest, their jobs wouldn't exist if there wasn't a need.
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