Do you believe that government has a place in deciding what CEOs should be paid in relation to hourly workers? Or do you believe that the market will smack down over-reaching CEOs (and they do exist) without government intervention?
/johnny
No, the government has no place, and is not the issue from my point of view.
My point is how does the average CEO of a major corp made 42 times the average hourly worker’s pay in 1980, and by 1990 it doubled to 85 times, in 2000, the average CEO salary reached an unbelievable 531 times that of the average hourly worker. And today, that number is likely over a 1000 times more than the average worker.
Does this seem a little odd to you?