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To: mmanager

Here's another way of thinking about what they deserve: In 1980, the average CEO earned around 42 times what the average worker earned. Today, the average CEO earns over 400 times that.

Now are you going to make the argument that today's CEO is 10 times better than the average CEO in the past? I don't think so. We have been rewarding only the top end. So basically all the economic gains over the last 30 years have been concentrated at the top 20 percent — and really the top five and one percent of household incomes. There's a really skewed picture. It goes against the sense of America's strength being a strong middle class. What we're doing is hollowing out the middle class.

One could ask the question: Has rewarding the upper management to such an extent produced greater wealth for the nation in a proportional ratio?

Some will say yes. Some say no. While thinking about it remember - you can blame the government but show me where the captains of industry and corporations have united to fight government's overbearance and taxation?

Instead those same people give to both sides of the aisle attempting to buy exemptions.

When will all of these supposedly conservative boards of corporations stand and say, "Enough. We can't compete carrying the weight of regulations and taxes. Either stop it or we all leave."

9 posted on 03/06/2011 5:09:30 AM PST by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: raybbr
CEO compensation in some cases--failing companies, CEOs with golden parachutes--appear obscene. If that cash had gone into product development/refinement, or improved productivity, I suspect a lot of businesses no longer with us or operating overseas would still be here making profits and employing Americans.

My point is not about envy. It is about making good business decisions in the long term, not just for the financially well being of what often are short-terms CEOS.
12 posted on 03/06/2011 5:15:38 AM PST by Nepeta
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To: raybbr
One could ask the question: Has rewarding the upper management to such an extent produced greater wealth for the nation in a proportional ratio?

Their job is to produce wealth "for the nation?"

I didn't know Michael Moore was a Freeper!

61 posted on 03/06/2011 9:17:02 AM PST by Trailerpark Badass (I'm sick of damn idiots)
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