>Sorry, I've been gone for awhile. I just wondered what everyone's take is on
>the three consecutive strike victories of the summer, Philly Transit, GM, and
>now Bell Atlantic.
>
>Seems to me, when combined with the unexpectedly militant construction
>workers' demo in NYC and the rank & file rebellion gurgling up at Northwest
>Airlines that Greenspan & Co. are seeing exactly what they fear most--those
>pesky and "increasingly confident workers" placing "gradually escalating
>pressures on wages and costs" and more importantly (as has been the key issues
>at hand in these 3 strikes) job security.
>
>What amazes me most about these three strikes is that the issues brought forth
>are directly related to production: Who produces, where it gets produced, and
>who is to pay when changes are made in that production.
This may be one reason why the usual voices of reassurance were silent during Wall Street's latest swoon. The authorities want lower stock prices and a higher unemployment rate. What they'll get is another question.
Doug