I personally suggested that the AFL-CIO should get involved in the mess in mid-western meatpacking rather than the California strawberry business. Big bucks were spent on the California strawberry campaign with minimal results. The same money used on re-organizing the meatpackers would have payed big dividends.
You might decide to become a vegetarian if you read Cooper's article,
Tom Lehman
Rakesh Bhandari wrote:
> Doug,
>
> What percentage of meatpackers are unionized, and thus in a position to
> call on union leadership to support a strike? Jeez, what percentage of
> meatpackers are non citizen immigrants? Capital seems to be fighting and
> winning its rights to reestablish neo bracero programmes all the time.
>
> How can Greenspan seriously be concerned with wage led inflation (as
> opposed to inflation and ominious debt structures from the wealth effect)
> since the rate at which real wages are increasing has been falling even as
> the unemployment rate further declines?
>
> Greenspan needs to engineer a soft landing for the stock market. To do that
> he is nudging interest rates up now, which gives him the added advantage of
> greater room to use monetary policy in the wake of a not so soft landing.
> It is easier for Greenspan to do this in the idiom of fighting wage led
> inflation than to openly admit that he is trying to ward off the greatest
> equity crash in history, which will bring the world economy down with it.
>
> Yours, Rakesh