salaries

Just as people have favourite words, they have “un-favourite" words, too. In my case, I go into a burning rage every time I hear this phrase: "the politics of envy". This is for a very simple reason: the description is totally inaccurate.

Hard times require tough decisions. But most strategies for surviving the current crisis are fairly unimaginative. They involve cutting production, cutting costs and cutting staff levels. And when they fail, it's not the managers who suffer.