Thank Goodness That Profit Is The Desire Of Managers. My Investments Since 1971 In Profitable Companies Are Going Allow Me To Retire With A Decent Level Of Income.
Why do think we have such a huge problem with our labor force being raped in favor of places like China?
Because MANAGEMENTS of Corporate America are unchecked/unbalanced.
They have figured out that it is cheaper to get products made in China. Is it a personal attack on the American work force? No. Just business. Who can blame them, right.
Cheaper products. Same pricing. More profit. Shareholders happy. Keep my job.
At the expense of the American workforce and as a whole the American economy.
Now, do I want my company to suceed? Of Course. I show up on time, try to do everything in my power(S.E. taxi's, etc.) to increase the profitability of my company. Why wouldn't I. I need the paycheck.
But do I want the company to run wild with that profitability and in the end not share in the sucess that I have contributed?
Again, balance. At some point in the equation, my hard work and attention to the companies goals will be taken advantage of my management.
Balance. Corporate America as a whole is so unbalanced right now. Like I said, there is a reason that the top news stories of the day is how much the American work force is suffering. One just has to look at the power(or LACK OF) the dollar.
So, while letting managements run the companies they way they need to in order to make the profit, in order to pay the employees, in order to put money in YOUR investment portfolio....
There is a price.
Where do we draw the line and how do we balance it out?