Earlier quoted context omitted.
If you can get away with the share buybacks and other self enrichment, with no accountability mechanisms, this is a natural outcome based on who is in charge of these companies. But, if we were to have made these workers government employees to pay them the desired wages (and cut out the management and shareholder middlemen) as well as “pay, train, retrain”, we would have been laughed at as promoting government waste…
Why would the qualified people who desire to work in that location and have better options suddenly work for the government. If the idea is to train non-experienced people that's what Boeing did. What is going to prevent them for leaving for other local work that pays better once they have some experience. What the government should have done is reduce their pay for missing deadlines by having milestones in the contr…
A union fixes this in the long term, but that will take time. Government can employ rapidly. Something, quickly, needs to change before we forget how to build because MBAs, accountants, and lawyers burned the place down for shareholder value. There are two astronauts stuck in space very publicly demonstrating this.