Originally Posted by
bedrock
For anyone who wants to state that the unions are the reason, US business can't compete or survive, I point out that Germany has very strong trade unions AND makes the best industrial products in the world. Their CEO's however are not given pay and bonuses that are many hundreds of times greater than the employees. They also have an excellent apprenticeship program in place, rather than the US system of "everybody should go to college" mentality.
Yes, that is why Mercedes, BMW and other heavy German industry is constructing plants in the US at a furious rate.
It isn't about unions or CEO pay, it is about an environment of regulation and taxation which forces business to move to other countries.