Loquiter said :
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there isn't enough money in CEO salaries as an aggregate group to make a noticeable difference in workers' lives. If a company has 50,000 employees and the CEO makes $20million, you could take his whole salary away and divide it up -- and each employee will get $400. (Most CEOs of public companies make a lot less than that.) But then you still need a CEO. Good ones don't grow on trees, and you'd still need to find and pay the new CEO. So what do you suggest - outlawing CEOs? Good ones create lots and lots of wealth and lots and lots of jobs. We can argue about how much they should be paid, but it would need to be a lot of money any way you slice it - if your'e responsible for billions of dollars in assets and tens of thousands of jobs, you should be paid a lot of money. I know I couldn't possibly do that job, and I bet you couldn't either. Even some of the people who DO that job aren't very good at it (which is why CEOs get fired). The really good ones are unbelievably talented people.
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I think this is true re salaries. Its really the bonuses, in this economy, that steam me. Occasionally I hear of a bonus that amounts to the budget a city has for a new bridge that would benefit thousands. I know a family who made so much money this way that they now live under lock and key, with black-out shades on their front windows. As far as I know they havent given any back in any way. I really feel sick to my stomach when I think about it - no kidding. I dont associate with them anymore, Im not unfriendly I just have drifted away. Its the entitlement that bothers me.
rb : I know its pedestrian, but I wanted to get my point across. Put your paddle away...or was that a whisper?!