Real Answers For Welfare

[InformedConsent]

Originally Posted by 2sleepy

I posted a study, feel free to read it.

The study you posted was debunked by the BLS.

[Wapasha]

Originally Posted by 2sleepy

I posted a study, feel free to read it. I don't think you make your case by saying that the CEO to worker compensation of the firms with the highest revenue is acceptable because there are also sole proprietors who don't hire anyone - what sense does that make?

I'm saying that these overly compensated CEOs are the exception, not the rule. They are also in large, global corporations. The compensation for these top tier corporate CEOs is the result of world competition. The best and brightest get paid what they are worth.

If GM or Citigroup were to declare to the world, they will only pay their CEOs a maximum annual salary and compensation of $250,000, then the best and brightest the world has to offer would seek employment with a corporation in China, Japan, etc...

If the federal government passed a law setting the same compensation for all US corporations, all the best and brightest talent in the world, would seek employment with foreign corporations, because we live in a global market.

[2sleepy]

Originally Posted by Wapasha

I'm saying that these overly compensated CEOs are the exception, not the rule. They are also in large, global corporations. The compensation for these top tier corporate CEOs is the result of world competition. The best and brightest get paid what they are worth.

If GM or Citigroup were to declare to the world, they will only pay their CEOs a maximum annual salary and compensation of $250,000, then the best and brightest the world has to offer would seek employment with a corporation in China, Japan, etc...

If the federal government passed a law setting the same compensation for all US corporations, all the best and brightest talent in the world, would seek employment with foreign corporations, because we live in a global market.

Come on, it's not a left wing conspiracy spin it anyway you want but there is little justification for this:

The ratio between CEO David M. Zaslav's pay and the median pay of Discovery workers is 1,951 to 1, according to the study. In 2014, Zaslav made $156 million, while median pay was $80,000.

And no one suggested that the federal government pass a law setting the same compensation for all US Corporations, so why even bring it up?