A parade to oblivion: that's where America's steel companies may end up if President Bush and the Congress don't heed the United Steelworkers and act fast.
American Prospect, The, February, 2002 by Moberg, David
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WHEN EMPLOYEES AT THE STEEL MANUFACturer LTV cheered the resignation last November of the corporation's chief executive--he had been brought in only a year earlier to save the company--it was a telling sign. Steelworkers, who bristled at CEO William Bricker's continuing campaign to slash their wages and cut off health insurance for retirees, had become convinced that he was purposefully scuttling the operations with his wastefulness and wild threats.
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Clashes between union workers and corporate executives are nothing new, but this was more significant than the standard wage ...
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