Nope. It was still the unions. next question?
IMHO Unions should be considered a business and as such must abide by all laws and regulations including the anti- monopoly laws.
Why Unions are not considered just another employment agency puzzles me.
“Did Congress Kill the Twinkie?
Nope. It was still the unions. next question? “
Right, but The Congress “helped.” They always make a bad thing worse! The breadth and depth of governmental corruption is just stunning!
Congress merely hamstrung the Twinkie. The Union killed it.
I agree that regardless of the price of sugar, the unions unwillingness to compromise was, in the end, responsible for Hostess’ decision to shut it down. OTOH, there were other cost increases that also contributed to the demise of Hostess, some of which could probably have been prevented or at least decreased.
IMO, it’s way past time for Congress to take a look at how much the regulations they pass and tariffs drive up the cost of a product and then determine who their proposed plan of action will really benefit. Of course, this is expecting them to approach their task from a business perspective so I’m not holding out much hope for any of this happening.
Nope. They both did.
Creating artificially high prices with the absolute power of government, for a primary ingredient in a product, is a tough hurdle to overcome and remain competitive.
It could have survived as a smaller business by keeping costs low, but the unions preferred 0% employment...