That is when CEO wages began to skyrocket.
Do you think the government should set a maximum wage for CEO's? (but not Hollywood stars or Sports stars, never them!)
It's always the CEOs that need to be capped, never the athletes and entertainers. While we are at it, let's also throw in the Presidents of higher education institutions? Liberals nod their heads when Elizabeth Warren trashes Wall Street and Executive pay......all the while having earned $300,000 per year to teach ONE class. Liberals will say that the CEOs are exploiting the workers. Based on their logic, I would argue that the entertainers, athletes, and BigEd teachers' are exploiting peoples' hard-earned dollars.
CEOs shouldn't be a rigged game. They shouldn't be on the boards giving themselves raises. Athletes and entertainers aren't giving themselves raises, CEOs are choosing to pay them that much. I don't understand why you guys don't get that. The rich team owner wants to win so he pays to get the best players. The player isn't deciding how much he should be paid.
Maybe employees should decide how good the CEO is doing and if they deserve a raise.
It's a rigged game within the white collar part of the company. They are all making sure they give themselves bonus'. If it's looking like profits aren't going to give them their bonus' they lay off workers in order to meet their bonus'. At least in Union companies the workers get profit sharing.
My brother is a big wig HR VP for a fortune 500. He pays executive bonus' and his boss, who he decides what bonus to give his boss, his boss also decides what bonus he should get. Quid Pro Quo. LOL.
Anyways, he said he learned from the bosses that rule number 1 in business is Feed the Generals First. What is rule #2? Never forget rule #1. I'm not kidding.
Now is when Republicans will cry that we are jealous and Class Warfare.
Yes, the Tiny Tim's in England were jealous too.