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Old 04-24-2006, 03:41 PM
noetsi noetsi is offline
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Default Welch

made his money gutting the standard of living of thousands of hard working Americans. He increased returns to a small handful of elites, IF you think that is a good thing then you do. I dont. Smaller stock profit margins, higher wages for workers is a much better thing to me. And I suspect these days to the overwhelming number of Americans.

try looking sometimes at the increase in real wages for line employees before welch took over and in the years after he took over. Wages went up faster before he took over than after. He traded worker well being for higher profits.
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