Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You don't understand a thing aobut productivity, do you? For workers, who are a cost, you increase productivity by reducing wages. For management, who are an asset, high wages reflect market prices for 'talent' and thus high productivity, and you cannot cut them or you'd be at a disadvantage.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Jun 6th, 2007 at 11:55:14 AM EST
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