copyright © 2007 Betsy L. Angert. BeThink.org
The morning broke. There was a momentary blip in the air as broadcasters spoke of the pending United Auto Workers potential strike. Was the short and sweet General Motors walkout the topic of discussion, or perhaps, the work stoppage at Chrysler was the focus. No matter; neither was of interest to Jack, a corporate executive. He received word from his accountant hours earlier; health care costs are too high. We must cut benefits. Perhaps it would be better if we eliminate a large portion of the workforce. Certainly, that would save us much money. The company must consider the stockholders. Individual buyers and brokers look at earnings and expenses.