https://www.washingtonpost.com/us-policy/2019/02/25/race-shareholder-profits-has-left-workers-dust-according-new-research/
Flat wages since 1972.
The oil crisis broke the back of unionization and the result is a three tier system of welfare, day laborers, and ruling class. You can move between classes but it requires luck and a profound ability to ignore crime when it happens right in front of you.
Honeywell has reaped the rewards of that flat wage curve. The most important thing is not the customer, or the product, it is the profit. If they have to grind up families or ship defective parts... all good as long as the dividend is funded.
Cote calls that choosing between bad, and less bad. By saying this he just assumes that everyone accepts the priorities of milton friedman. I dont and other people like me agree.
The unions will ride the progressive movement back into power and i will be at the front of the line with my union card. It will happen in new jersey and it will happen in florida.
Time to fix that curve.
#honeywellworks2021