CEO pay is 380 times average worker's

[Sallow]

What, specifically, do you want done?

This will rearrange the entire global economy in favor of the working poor, with an increase in productivity across the globe.

That's crazy talk.

initially? Sure there would be some entrepreneurs that would make some big bucks.

But without proper regulation? Even that industry would become like the rest.

 

[The Rabbi]

Okay. So what are your solutions for overcompensation and wealth disparity?

Why do you think there is overcompensation? Why do you think it is a problem needing a solution?

Because 49m Americans have a hard time being able to afford food each week and those of you who defend the rich want to cut those poor people's food stamps without increasing wages. What do you think will happen when you cut poor people's food stamps and they still don't make enough in wages? Is yet another dead-end, part-time, minimum-wage job the solution to low wages?

You realize that's a non sequitur, right? You dont build up those at the bottom by tearing down those at the top.

 

[Jarhead]

Okay. So what are your solutions for overcompensation and wealth disparity?

Why do you think there is overcompensation? Why do you think it is a problem needing a solution?

Because 49m Americans have a hard time being able to afford food each week and those of you who defend the rich want to cut those poor people's food stamps without increasing wages. What do you think will happen when you cut poor people's food stamps and they still don't make enough in wages? Is yet another dead-end, part-time, minimum-wage job the solution to low wages?

The solution is simple.

Never look at a job as a dead end job.

Every job is an opportunity to better yourself.

You will be amazed at how well it will work.

 

[Jarhead]

Why do you think there is overcompensation? Why do you think it is a problem needing a solution?

Because 49m Americans have a hard time being able to afford food each week and those of you who defend the rich want to cut those poor people's food stamps without increasing wages. What do you think will happen when you cut poor people's food stamps and they still don't make enough in wages? Is yet another dead-end, part-time, minimum-wage job the solution to low wages?

You realize that's a non sequitur, right? You dont build up those at the bottom by tearing down those at the top.

and if they did?

How will it make a dead end job no longer a dead end job?

 

[The Rabbi]

Because 49m Americans have a hard time being able to afford food each week and those of you who defend the rich want to cut those poor people's food stamps without increasing wages. What do you think will happen when you cut poor people's food stamps and they still don't make enough in wages? Is yet another dead-end, part-time, minimum-wage job the solution to low wages?

You realize that's a non sequitur, right? You dont build up those at the bottom by tearing down those at the top.

and if they did?

How will it make a dead end job no longer a dead end job?

It wont. But somehow the Left's wealth envy will be less knowing that everyone else is poor and miserable too.

 

[Jarhead]

You realize that's a non sequitur, right? You dont build up those at the bottom by tearing down those at the top.

and if they did?

How will it make a dead end job no longer a dead end job?

It wont. But somehow the Left's wealth envy will be less knowing that everyone else is poor and miserable too.

So I guess if you pay someone 15 an hour instead of the 10 an hour it currently pays, that "dead end" job will become a great opportunity...

Silly thinking. Money does not make an opportunity great.

My best opportunity was when I worked at a day camp. I was young and easily intimidated by people of authority. I was paid peanuts.....100 bucks for the entire summer....but it taught me how to interact with people of authority.....and I grew from there.

 

[Brain357]

It's less about "defending the rich" and more about getting people's heads in the right place when trying to solve issues. Simply griping about CEO pay without taking in all of the non-malicious reasons pay is rising is both a waste of time AND harmful.

I want people to consider things in a less general, blanket way. Instead of saying "ALL CEOS MAKE TOO MUCH" or "ALL CEOS DO THIS OR THAT", how about we critique specific companies and specific examples of CEOs making way more than they deserve? Why choose the blanket method and also condemn all of the quality, well run, fair organizations in the process? Isn't that sort of counter productive?

Generalizing is for college kids. Let's move beyond that.

Okay. So what are your solutions for overcompensation and wealth disparity?

Why do you think there is overcompensation? Why do you think it is a problem needing a solution?

The problem is we have execs making huge amounts of money while paying workers so little they are collecting welfare. So the government and spending continues to grow. Too much spending is a problem.

 

[Sallow]

and if they did?

How will it make a dead end job no longer a dead end job?

It wont. But somehow the Left's wealth envy will be less knowing that everyone else is poor and miserable too.

So I guess if you pay someone 15 an hour instead of the 10 an hour it currently pays, that "dead end" job will become a great opportunity...

Silly thinking. Money does not make an opportunity great.

My best opportunity was when I worked at a day camp. I was young and easily intimidated by people of authority. I was paid peanuts.....100 bucks for the entire summer....but it taught me how to interact with people of authority.....and I grew from there.

Wow.

You were able to feed your wife and kids on that salary?

Hat's off.

 

[KevinWestern]

Okay. So what are your solutions for overcompensation and wealth disparity?

When the average CEO salary is exponentially higher than the average workers, generalizing is normal. It is a generalization to say that average CEO pay is nearly 400 times that of the average employee.

KNB – your statistic takes into account ALL companies, which includes some very large (Fortune 500) organizations. Do CEOs make 400 times that of the average employee in organizations less than 50 employees? I highly doubt it. But when you’re talking about a company with 900,000 employees, I don’t think $15 million is all that unfair given the size and complexity of the task at hand and the talent you must attract to run the show effectively!

Again, Peyton Manning – who does nothing more than throw footballs to guys wearing helmets for like 5 months a year – makes about $43 million annually! That’s 3x the median CEO pay.

I don’t hear anyone complaining about him making 1,200 times more than the guys selling hot dogs – do you?

Those of you who defend the rich are misguided by your love of greed. What you have to understand is that you are also poor compared to them, and they don't care about you. If you think you're doing well with a house, car, maybe a boat, a couple hundred thousand in equity and whatnot, then you're still as poor as a homeless Vietnam vet compared to the controlling interests of world governments. They wallow in opulence without any regard for you or your environment.

Is greed, crony capitalism, etc a problem in the world? You bet it is. Are we going to solve that problem by complaining about CEO pay in a blanket general way? No. We must approach each company as its own case, and each CEO as an individual. There’s nothing wrong with effectively running a 900,000 employee company, working hard and taking home $15 million after returning value to the shareholders.

It is wrong however to collude with government to get special deals on regulations, have a personal ear of the President, etc. How about we attack those behaviors first?

"Who is defending the rich?" Those of you who insist that unions are evil, or if you insist that workers need to "tighten up their belts" during a recession that was caused by the rich while they take your money for a bailout, or if you insist that there is a valid point to the drug war, or if you insist that voter ID cards will stop a crime that isn't happening, or if you still think that there were WMD in Iraq. These are ways in which you defend the rich because as you are buying into the establishment's lies, they are laughing their asses off at you and making your world worse. Make no mistake about it. You are cheap labor to the .001% just like everyone else.

Who are you talking to exactly? I don’t defend crony capitalism and I don’t defend an industrial military complex starting wars because it’s good for business. I didn’t support the bailouts, and I’m very vocal against our nation’s drug laws (lol).

Can you please explain what this is supposed to mean to me?

 

[buckeye45_73]

Labor income isn't rising if 10,000 factories have closed and moved to China. Labor income isn't rising if more people are on food stamps than ever before.

You don't have to be an economist to see that.

Do you ever ask why companies move to China?

hint, look at tvs and any consumer electronics, where are the american companies?

 

[Jarhead]

It wont. But somehow the Left's wealth envy will be less knowing that everyone else is poor and miserable too.

So I guess if you pay someone 15 an hour instead of the 10 an hour it currently pays, that "dead end" job will become a great opportunity...

Silly thinking. Money does not make an opportunity great.

My best opportunity was when I worked at a day camp. I was young and easily intimidated by people of authority. I was paid peanuts.....100 bucks for the entire summer....but it taught me how to interact with people of authority.....and I grew from there.

Wow.

You were able to feed your wife and kids on that salary?

Hat's off.

Nope. No one can. I would be responsible enough to NOT have a wife and family if I were earning peanuts.

Instead, I would take the money I am making, support myself the best I can, give up on entertainment for a while, get a second job, save some money, take courses and get myself a better paying opportunity.

THEN I would marry and have a family.

I know...I know.....what about those that had good paying jobs and had a family and then lost their job?

They have their savings from their good paying jobs (unless they spent beyond their means), they have their unemployment insurance and they have the ability to take a shit ass job until they find what they really want.

 

[KevinWestern]

The problem is we have execs making huge amounts of money while paying workers so little they are collecting welfare. So the government and spending continues to grow. Too much spending is a problem.

Not once in my life have I heard someone complain about the fact that Peyton Manning makes $43 million/year. He only works for 6 months! Doesn't he make 400 times+ more than the average stadium employee?

Does Peyton really work 400 times harder than the hot dog guy who busts his ass up and down the stairs for minimum wage pay?

Why does this argument only apply to CEOs, who on average work 12 months out of the year, and do a heck of a lot more than throw a stupid football around for entertainment purposes!!?


.

 

[The Rabbi]

Okay. So what are your solutions for overcompensation and wealth disparity?

Why do you think there is overcompensation? Why do you think it is a problem needing a solution?

The problem is we have execs making huge amounts of money while paying workers so little they are collecting welfare. So the government and spending continues to grow. Too much spending is a problem.

So earning money is spending? Is that really what you mean?

 

[Lonestar_logic]

CEO pay is 380 times average worker's.

Why does this bother you?

 

[Erand7899]

Does the average worker generate millions/billions of dollars and Employ thousands of people?

And could that CEO that generates millions/billions of dollars and employs thosands of people do so without workers?

There will always be willing workers. They exist by the billions, and they have skills that vary from zero to very valuable. The people with the ideas and the people with the resources to put those ideas to profitable use are rarer by far.

No worker ever draws a paycheck until the people with the ideas and the people with the capital get together and create an enterprise that requires workers.

 

[buckeye45_73]

It wont. But somehow the Left's wealth envy will be less knowing that everyone else is poor and miserable too.

So I guess if you pay someone 15 an hour instead of the 10 an hour it currently pays, that "dead end" job will become a great opportunity...

Silly thinking. Money does not make an opportunity great.

My best opportunity was when I worked at a day camp. I was young and easily intimidated by people of authority. I was paid peanuts.....100 bucks for the entire summer....but it taught me how to interact with people of authority.....and I grew from there.

Wow.

You were able to feed your wife and kids on that salary?

Hat's off.

swallow youre a ******* tard

only swallow and libtards think every job js supposed to let you raise a family.

I bet these tards dontt understand why they cant raise families on volunteer jobs

 

[Jarhead]

CEO pay is 380 times average worker's.

Why does this bother you?

I wonder why it isn't presented THIS way....

There are workers out there that take jobs for pay that is 1/380th of the CEO.

If it bothers them, get a job with a smaller company where the CEO makes 200K....then their 30K a year will be more in line.

 

[Jarhead]

So I guess if you pay someone 15 an hour instead of the 10 an hour it currently pays, that "dead end" job will become a great opportunity...

Silly thinking. Money does not make an opportunity great.

My best opportunity was when I worked at a day camp. I was young and easily intimidated by people of authority. I was paid peanuts.....100 bucks for the entire summer....but it taught me how to interact with people of authority.....and I grew from there.

Wow.

You were able to feed your wife and kids on that salary?

Hat's off.

swallow youre a ******* tard

only swallow and libtards think every job js supposed to let you raise a family.

I bet these tards dontt understand why they cant raise families on volunteer jobs

When I was fired from my first "career" job, I took a job bagging groceries.....having a fmily was not even a thought. I spent my free time learning how to put together a business plan...determined the mount I needed to start my own...took a second job pumping gas....and a year later started my own and sold it 5 years later.

Oh yeah....after 2 years I was married and a year later my wife gave birth to my first.

 

[Erand7899]

Hmm....where would the CEOs of huge conglomerates like MCDonalds and Walmart BE without the workers who make and sell their products?
I think a living wage for those MAKERS at the bottom is the least that those TAKERS at the top could do...and they don't appear willing to do just that.

Where would the employees of McDonalds and Walmart be without McDonalds and Walmart? They would be working at a mom and pop burger stand, or at a five and dime store, making exactly what they make at McDonalds and Walmart.

The only people entitled to a living wage are those people whose labor is worth a living wage. Why is that so hard for liberal/socialists to understand?

Labor is a market, and one gets out of that market only what one brings to the market. If your product is poor, others are not willing to pay the same price for your product as they pay for a product that is good.

It is the individual's responsibility to make his/her labor worth a living wage. Neither McDonalds, nor Walmart is in the business to provide welfare for workers who do not see to their own welfare.

 

[Lonestar_logic]

CEO pay is 380 times average worker's.

Why does this bother you?

I wonder why it isn't presented THIS way....

There are workers out there that take jobs for pay that is 1/380th of the CEO.

If it bothers them, get a job with a smaller company where the CEO makes 200K....then their 30K a year will be more in line.

I just don't understand why anyone would care what another person makes.

Every person negotiates their own salary and no one asks what the boss is making in their negotiations.