Friday's report reinforced how much the economy is being assailed at once by falling household spending power and the financial crisis, with companies resorting to wholesale layoffs after months of merely declining to hire.
Management Hates Workers [Consumers]
I hate writing as a Marxist class warrior, but sometimes it is necessary for understanding. Advertising is the corporate titan's way to convince that he cares for us [the 99%].
My employer was a Fortune 500 sweat shop. He owned the town and all the people in it. When the employees tried to unionize, he moved the production facility to a red state. We executives remained in the original factory cleverly disguised as an office building.
My office overlooked a bubbling brook. Every day it changed from its pristine color to that of the experimental dye being used and flushed that day. Since my boss was cool, I asked him why the firm polluted the best part of the city. He warned me to keep that question to myself.
Another manager was organizing to petition the mayor for a bicycle path. His fellow managers advised him to tear it up. The petition smacked of unionization to them.
The corporations will take any measure to defeat unionization. Certainly, a part of this is to quash outside interference in business. The deeper motive is class hatred the 1% versus the 99%. When they punish workers, they are degrading the consumer class for nobody's benefit.
My factory owner polluted the brook to prove he had the power to do it.
The Republicans dilute [pollute] Obama's recovery program for the same reason: spite.