- Feb 12, 2007
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We have a Commerce Clause that we are entitled to.A ceo is deciding to pay him that much.
Maybe, if he's the owner of a privately owned company. But if it's a corporation, the CEO reports to the board. But even then, it's true that in many ways the CEO still decides how much to be paid. He/she does this through negotiation.
The number one reason wages have been stagnant for so long is because so many Americans nowadays settle for whatever is thrown out there. It's the stupidest thing in the world, and it drags down the market for the rest of us who are smart enough to be assertive. Wages will continue to stagnate (i.e. go down when you take into account inflation) until the American public starts taking personal responsibility for their pay, starting with the wage negotiation prior to job acceptance.
also....illegal immigrant labor brings down wages.......but no one cares,about that...
I agree. We shouldnt have lots of immigration in our current economic climate.
No, we shouldn't.
As Milton Friedman said: "You cannot simultaneously have free immigration and a welfare state."
If we want increased immigration levels, we need to get rid of entitlements.
I bet you can't explain what the Commerce Clause actually is.