Ah those greedy unions and our strong economic growth. That was so horrible. But ceos should make insane amounts shipping off jobs right? You are a funny one.
I love how you on the left always excoriate businesses. Back to the widget factory analogy: You and I own widget factories. We both need a highly talented and rare person to operate our finances, manage operations, oversee sales, and get new business.
So one comes along and applies to your company. He or she has a long history of success; taking companies that were just about to close, and making them profitable again, drawing new investors that allowed for expansion, reducing waste and adding productivity. This CEO wants 5 million a year. You refuse to pay that amount.
So now that CEO comes to my company, and I agree to pay him the 5 mil a year. Now he gets to work, and eventually takes your customers and brings them to my company. That's the reason I pay him 5 million a year, because he can make my company 10 million dollars more profitable a year.