King,
not so much lower wages as appropriate wages for the labor value. If organized labor pushes labor costs beyond what the business can pay and still make a profit, it's gone too far. Auto makers and government both have had employee costs that they couldn't afford for the long haul. I met a friend's son that was considering retiring. He was 45 and a fire battalion chief. He could make much more money collecting a high percentage retirement and onto another career than continuing to work for the fire dept. Something is wrong when we see these out of scale salaries, retirements and bennies.

Last edited by Chuck H; 05/09/11 08:35 PM.