08-15-2015, 12:55 AM
(08-14-2015, 07:38 PM)fredtoast Wrote: No. Companies could go back to paying their CEOs 20 times what the workers made like they did in 1965 instead of 300 times more like they do now.
US companies are not using cheap foreign labor to be competitive. Instead they are using it to make all time record profits and sending all of those profits to the top instead of compensating their workers.
If they are saving so much money with cheap labor then why have the costs of their good continued to rise?
You are clueless. CEO pay is an idiotic liberal meme - not to say it isn't too high, just that it isn't the problem driving your issue. I'd like to say I expect more from you, but you have too many posts with this level of ignorance.
I mean, have you ever done the math? OK, let's say GM's CEO makes $50M....Let's say he should make $0, but GM employs nearly 100k people....so that's like $500 per employee. So just one example of how only the ignorant ***** about CEO pay.
