here we go, page-46

  1. 1,197 Posts.
    lightbulb Created with Sketch. 41
    Take a company with a nett profit of 5% of say 5 million dollars
    Won't a 1% increase in costs ( 1 million dollars )reduce their bottom line 20%
    To maintain their profitability I guess they can always decrease their labour costs - shed staff - reduce the number of employees - downsize - redundancies - natural attrition etc.
    Yep chicken little stuff.
    When the unions realize their parliamentary wing has screwed them over and they have no members left they will look for solace in a bottle and yearn for the good old days or just yearn for the good old days and argue who is going to pay for the bottle?
 
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