[Homestead] Toyota chooses Canada over USA
genegerue at ruralize.com
Tue Jul 26 08:08:59 EDT 2005
>I can't remember exactly where I read it -- NYT, I think -- but I was
>reading about Costco and was appalled that Wall Street types were
>criticizing them heavily for supplying health insurance with too little
>employee contribution and keeping wages too high and prices too low.
Wall Street is enabled by profit. Wall Street pressure has caused more than
several companies to make bad business decisions, just to satisfy the
quarterly profit reports that drive the stocks. From Wall Street's
position, anything that diminishes profit is bad, whether being nice to
employees or not adjusting prices to the point of customer resistance.
Our national health care system is a disgrace, a national shame. It is
costing us much more than auto manufacturing plants.
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