On Sat, 24 Nov 2007 18:13:12 -0500, BAR wrote:

Canuck57 wrote:
"BAR" wrote in message
. ..

That's correct: many if not most things are no longer made in the USA,
but if you are going to buy foreign-made goods, and we all do, you can
still try to avoid goods made in countries like the People's Republic of
China.
Over-priced union labor moved most manufacturing offshore.

Don't forget overpriced management.

12M year CEO pays for a lot of workers a producing.

A guy who is the CEO of a company that has 20,000 employees and his
leadership increases profits by 20% what is a fair wage for that type of
performance?

That's an interesting subject - just what is "fair" compensation.

Take Dick Grasso for example. A lot of economists, including
Greenspan, give him total credit for saving the economy almost single
handed through sheer force of personality and hard work after 9/11 in
getting the merchantile and stock exchanges to work in concert on
reopening.

He was paid 160 million when he was retired and you'd think he raped
everybody's mother.

Personally, if he had been paid one billion it wouldn't have been
enough for that performance.

On the other hand, how much is what's his face at Exxon worth who
happened to stumble onto a bubble in oil trading and, basically did
nothing for his upty ump million dollar "bonus"?

It's a tricky question.