Labor, in Hostess' case, is not making extravagant demands on the company. It is not insisting on a shorter work week, or a larger benefits package, or some huge increase in pay or perquisites. No. Indeed, this is the very opposite of the truth.
George McGovern, who died Sunday, was prescient about America. When he ran for president 40 years ago, he well-understood what the federal government of the United States had become, among other national dysfunctions.
As budget cuts come to the fore, military contractors will undoubtedly try to obscure the fact that every $1 billion of military spending costs anywhere between 3,200 and 11,700 jobs or more when compared to other ways of spending the money.
This afternoon at the 2010 Farnborough International Airshow in London, I had the pleasure of hosting a panel of experts from the aviation industry that discussed the critical need for modernizing air traffic management (ATM) systems around the world.