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Bob's Links and Rants: Cheap Labor Conservatives

"That's from Washington Post columnist Steve Pearlstein, writing in an online chat on Wednesday. The discussion dealt mostly with the Delphi wage cuts and bankruptcy. Unfortunately, Pearlstein is probably right--IF you accept his assumptions. Those assumptions, which are either stated explicitly or implied throughout the chat, include:

* Free market capitalism is the best way to run things.
* Unfettered global competition is not only inevitable, but actually good.
* The United States will not adopt universal health care.
* Greedy unions demanding decent wages and benefits for their workers are to blame for all of the auto industry's problems, not greedier executives demanding and getting outrageous salaries and golden parachutes."
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