Bernie Sanders: Pay your workers better. Warren Buffett: That's not my job
#2

The path to hell is paved with good intentions. We all know the story once we keep giving in quickly  to striking workers what happens. Not that the grievences of this group of workers are not real,but the rpocess of negotiation resolve the issues.

Buffett can give too charaties and various causes. But he should not intervene directly in a dispute and just force a resolution.

Sanders proclaimed the solution to all of America's ills is socialism.....another path to hell paved with good intentions.

The American worker was king in the 1950s right up to 1960s because of a shortage of workers and companieis could not relocate at that time. Once they could they moved to places with cheaper labor and the wages of American works stagnate. Companies may not have a choice as cheaper imports flood in from Japan and rest of Asia.

This problem of low wages for workers is worse that 3 dimension chess. Trump tried protectionism in some industries and that path is also a path to hell. 

Actually those workers on strike in US they have better wages and benefits than low wage Singapore workers because of minimum wage, company healthcare benefits and work rules. Singapore's working poor are in far worse condition. But there is no avenue for them to express their grievances ...

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Bernie Sanders: Pay your workers better. Warren Buffett: That's not my job - by [[ForeverAlone]] - 02-01-2022, 12:08 AM
RE: Bernie Sanders: Pay your workers better. Warren Buffett: That's not my job - by sgbuffett - 02-01-2022, 06:18 AM

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