Now I know at the GW Patriot we like to be creative and original. Sometimes that happens, sometimes it doesn’t. However, every now and then we’ll see something so great, that we think it needs to be re-posted for our loyal readership to see. This is one of those moments. Liberals and Conservatives alike:...
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Posts Tagged ‘ GM ’
Is it Still George W Bush’s Fault?
Daily Links
Budget Debate Shows DC Politicians In Denial Obama’s Losing Bet On Detroit What’s In The Immediate Future For GM & Chrysler Gamble It In Vegas, Or Let Your Family Pay The Taxes NAFTA Trade Is Down 27% “No Child Left Indoors” Targets Lazy Video Game Playing Kids
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Cheap Labor Is Expensive, Expensive Labor Is Cheap
So why aren’t jobs rapidly exiting Manhattan and Menlo Park? The reason is that expensive labor is once again extremely cheap. Google presently has 17,000 employees, but its profits per employee are $247,000. Goldman Sachs has roughly 30,000 highly paid workers, but with profits of $16 billion last year, profits per employee worked out...
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