He's correct. See it all the time. But on the other hand back in 1998 a CEO made about 70-100 times what the wage employee made. That all changed in 2001 and on average CEO's made 500-700 times what the wage employee made and still going on today. It's hard for a company to make enough to keep going when the bosses take it all home. Lots of companies lost money the last 3-4 years but the bonus checks keep going out to the guys at the top. You want good employees, pay them well and weed them hard. The weeding takes place very often now but the pay is stuck. Gotta keep that CEO bonus going regardless.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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