I'm not trying to call anyone out here because I think those concerned about CEO pay have nothing but good intentions. However..
Peyton Manning - a guy who throws a leather football around for entertainment, 6 months out of the year - makes about $43 million annually. This is about 2,150 times more than the stadium worker earning $20,000/year, busting his ass up and down the stairs in the heat for minimum wage pay (and dealing with all the drunk idiots in between).
How come I’ve never heard the phrase, does “Peyton work 2,150 times harder than the hot dog guy”? Why are (some) people only upset when it is the CEO of a 900,000 employee company making that $15 million? If anything, I’d be much more ticked about the Peyton situation, given that he – again – only throws a football around for 6 months out of the year in front of a bunch of drunk people.
This thread is just an exploration into the idea of a potential double-standard here...
I don't see them as being comparable.
The ceo is the boss making lots of money and decides how much the workers should get. Peyton is not the boss and has nothing to do with how much the hot dog guy makes. Also Peyton could get injured in any game and be finished. CEO's seem to work for as long as they want then get a golden parachute deal.
Not only is this sentence formed like it was done by a second grader, the concept behind it is as well. The CEO "decides now much the workers should get"? Really? That's all he does?
Funny, I remember reading a huge article about Steve Jobs at Apple. He decided which products they would make and which they wouldn't. And then he decided every little detail about the product - the dimensions, the color, the features, how it would function, what it would sell for, etc. And then he did the same thing with
every store they built. And of course he did all of the decisions regarding the direction of the company like building plants in China because of ignorant liberal tax policies.
But BrainDead357 here gets his views of CEO's from Hollywood comedies like Trading Places and Miracle on 34th Street. He thinks CEO's decide the salaries on January 2nd and then spends the rest of the year in a mahogany office with a roaring fire dining on fine cuisine and smoking expensive cigars while counting their money and laughing at the poor.
Listening to liberal minimum wage workers - who are clearly minimum wage for a reason - cry about CEO's is comical.