How Far Will Wages Have to be CUT???
British Airways are asking their employees to work for free.....
And this from California this morning:
A legislative budget committee on Wednesday rejected Gov. Arnold Schwarzenegger's proposal to cut state employees' paychecks by an additional 5 percent, as part of the ongoing effort to balance a badly out-of-whack state budget....
"We're encouraged," said Jim Zamora, a spokesman for the Service Employees International Union 1000, which represents about 95,000 state workers. "We are hoping that the state will look at other options for cost savings, in part because our members have already experienced (a) pay cut through the furloughs."
Zamora's reference was to the two-days-a-month unpaid leaves the governor imposed on state workers earlier this year. The unpaid days are equivalent to a 9.3 percent pay cut.
California has a lot of cutting to do......so do a lot of American corporations.........
How low will wages have to go to balance budgets and make our businesses competitive?
....how many will get zombulated as a result?