If it worked, I’d be fine with it too.
But it’s not working any longer. Would you really say that American companies are out-performing the rest of the world?
I disagree with the assumptions underlying your statement. Your personal idea of what “works” is meaningless in setting someone elses pay....unless you are the employer.
The reason an American company may suck is not CEO compensation. Was GM brought down (and bailed out the wrong way) because of CEO pay or exorbitant union benefits?
Oil companies impeded by CEO pay or Obama preventing pipelines and drilling?
Pharma companies held back by CEO pay or FDA overregulation?
The list goes on and on. The “it’s not working” easy answer is a misdirection, just like passing Obamacare because “healthcare isn’t working”.
Maybe the next time we’re losing a war we should try shooting petunias instead of bullets. Restraining CEO pay and giving the money to poor people will destroy our companies.
Let’s stop NFL players from making that kind of money. I guarantee you will see an explosion in construction - of basketball hoops, baseball fields and hockey rinks.
Tell us how CEOs making money is causing the down turn in the economy. Don't you think that Government interference is actually the cause of the bad economy or haven't you been paying attention. The reason capitalism doesn't seem to be working is because this country isn't capitalistic anymore, it is fascism at its finest.
Over regulation, over taxation and stupid rules such at Nafta have brought our country to it's knees, not capitalism.