Unfortunately we are returning to the past when the robber barons ruled. But today it is the stock holders which believe or are made to believe they deserve outlandish returns, and they are willing to pay manangement big money to deliver them. Since this hasn't yet become a socialist country (although the current adminstration is working hard on it), the stockholders aren't required to fund jobs, so the money/jobs go to situations with the highest return. So manangement squeezes workers for more claw backs and they have a powerful position. In the not too far past it was likely most of a corporation's stockholders were in this country and they could benefit from the higher wages, either by lower taxes or more sales. Today considerable stock is owned outside this country and they could care less about the US labor force. So unless we are willing to reintroduce trade barriers or continue massive government support (more socialism), the future for manufacturing workers isn't attractive.
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Today's Featured Article - Oil Bath Air Filters - by Chris Pratt. Some of us grew up thinking that an air filter was a paper thing that allowed air to pass while trapping dirt particles of a particles of a certain size. What a surprise to open up your first old tractor's air filter case and find a can that appears to be filled with the scrap metal swept from around a machine shop metal lathe. To top that off, you have a cup with oil in it ("why would you want to lubricate your carburetor?"). On closer examination (and some reading in a AC D-14 service manual), I found out that this is a pretty ingenious method of cleaning the air in the tractor's intake tract.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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