And do you know why they were rewarded for doing that?
Go ahead, explain what justifies a CEO making 25 million dollars for essentially sitting on his ass in a penthouse office in Manhattan, while the average worker in that company is underpaid and without the option of being in a union? In the golden age of our economy, from the 1950s to the early 80s, the highest-paid CEOs made no more than thirty times the lowest-paid workers in their companies. Today the average Fortune 500 CEO makes 350+ (as high as 1000 times) more than the lowest-paid worker in their companies.
"Take for example Walmart Inc. CEO C. McMillon, who earned $25.7 million in 2022, or 1,013 times the $25,335 median income of a Walmart employee. The world's largest retailer, which was founded in 1945 and employs 2.1 million workers, has the lowest CEO-to-worker pay ratio of these 22 companies."
CEOs of companies listed on the S&P 500 earned an average of $18.8 million last year, up about 21% from the previous year, Times recently reported. This jump in executive pay came despite an 18% drop in the market index in 2022. Many of these CEOs were gifted generous stock options by their...
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While she's on food stamps...
That's obscene and you don't care. These young folks are like many of you silent-gens and babyboomers were when you were young. In the 1960s, you rebelled. Our youth today wasn't raised in the golden age of our economy as you were.
When you were a kid, 1/3rd of the American workforce was unionized and the highest tax rate was between 90% and 70%.
Reagan gutted our manufacturing base and destroyed our unions by lifting government worker protections, stripping them of their ability to successfully unionize and effectively negotiate with their powerful, wealthy employers. He lowered taxes to 28% for the wealthiest people in our society from 70% and passed laws that led to the largest transfer of wealth in human history, from the working class to the wealthy. You can deny it as you probably will, but you nonetheless created a monster. These young folks have no mercy, they like you, don't give a shit either. They're the most leftist, socialist generation that this country has ever seen. They will...
..and turn this:
..into this:
You right-wing Republican conservatives / Evangelicals did this to yourselves. You're the best missionaries for socialism. If you want to propagate socialism in society, let the right-wing conservatives loose. They will decimate the economy, transferring all of the wealth of the country to the wealthy elites at the top. They will close factories, deunionize the workforce, and import everything from China to make huge short-term profits. They will eat the poor and the working class of that country and will turn it socialist, when the working class wakes up and says "WTF?". Socialism was born during the gilded age of the 19th century when capitalists were exploiting factory workers under horrible conditions. Workers said "Enough, time to push back".
You're pushing America straight into the arms of socialism. As a communist, I thank you. Continue imposing austerities on the working class, and replacing them with advanced automation and artificial intelligence. Continue with your SOP, because it's great for socialism.