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Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
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Hot Topic (More than 10 Replies) CEOs rake in 940% more than 40 years ago, while average workers earn 12% more (Read 173 times)
Ulysses
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #10 - Aug 14th, 2019 at 9:05pm
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Jasmine wrote on Aug 14th, 2019 at 8:47pm:
It's because he's a socialist through and through.


No, I'm not.

But you are a fascist through and through.

  

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Gnome De Plume
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #11 - Aug 14th, 2019 at 9:06pm
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LNF Fredo just did a "I know you are but what am I".
  

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walkstall
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #12 - Aug 14th, 2019 at 9:06pm
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Jasmine wrote on Aug 14th, 2019 at 8:47pm:
It's because he's a socialist through and through.



Grin  Your just being nice Jas.  Grin
  

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Jasmine
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #13 - Aug 14th, 2019 at 9:07pm
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Ulysses wrote on Aug 14th, 2019 at 9:05pm:
No, I'm not.

But you are a fascist through and through.


Yes, you are. Why even try to deny it, Ulysses?

You constantly whine about income equality and how unfair it is. You're just a socialist bitch.
  


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Jasmine
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #14 - Aug 14th, 2019 at 9:08pm
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walkstall wrote on Aug 14th, 2019 at 9:06pm:
Grin  Your just being nice Jas.  Grin

I try to be. Smiley
  


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forgotten centrist
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #15 - Aug 14th, 2019 at 9:09pm
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Seawolf wrote on Aug 14th, 2019 at 8:38pm:
I am still trying to find out why you feel you have any say about how a PRIVATE business invests.


It's not the problem -- it's a symptom of the problem.  The market for executive talent is badly distorted.  We aren't getting the execs who perform the best, we are getting the execs who are best at networking, circling the wagons, and extracting money.

It's not really different from other sectors of our economy where costs are spiraling up, like healthcare and higher education.  It doesn't cost colleges 10x what it cost a few decades ago to put a professor in a hall with a bunch of students.  Colleges are raising tuitions because the CAN.

CEOs are getting paid more because they CAN set their own compensation framework.  It has nothing to do with what's best for the company.
  

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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #16 - Aug 14th, 2019 at 9:47pm
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Ulysses wrote on Aug 14th, 2019 at 7:46pm:
CEOs rake in 940% more than 40 years ago, while average workers earn 12% more

Do you feel like you're ten times better off now than you were 40 years ago? If not, you must not be a CEO.



"...at the 350 biggest companies".  And a couple days ago it was 475 times the pay of the average worker, now it is down to $278.  That is a lot of quick progress.

But why do you care how much these people are paid?  It isn't your money.

Ulysses wrote on Aug 14th, 2019 at 9:05pm:
No, I'm not.

But you are a fascist through and through.



What do you propose to solve the problem of CEO pay.  Make sure it is a solution that doesn't involve any fascism.

forgotten centrist wrote on Aug 14th, 2019 at 9:09pm:
It's not the problem -- it's a symptom of the problem.  The market for executive talent is badly distorted.  We aren't getting the execs who perform the best, we are getting the execs who are best at networking, circling the wagons, and extracting money.


People who are better at marketing deserve higher pay.  If you write a better resume and perform better in the interview should you not get the job over someone who didn't?  It is up to the business to decide what is best for them.  Not someone who just hates to see some people making a lot of money while others don't but has no interest in hiring the lesser paid folks themselves.

Do you have something to back up this claim about not getting the best performers but best as extracting money? 

Quote:
It's not really different from other sectors of our economy where costs are spiraling up, like healthcare and higher education.  It doesn't cost colleges 10x what it cost a few decades ago to put a professor in a hall with a bunch of students.  Colleges are raising tuitions because the CAN.


Well when the government is guaranteeing any price they charge, ya.

Quote:
CEOs are getting paid more because they CAN set their own compensation framework.  It has nothing to do with what's best for the company.


There are lots of shareholders that disagree.  if shareholders ditch the company in large numbers the value craters.  Shareholders, in general, seem to be fine with things as they are.  YOU have a problem with it.  But it doesn't sound like it is based on company performance but politics.  Great thing is, you have every right to target your investment at companies with lesser paid CEOs.  And you can even convince others to follow your lead.  Freedom of association is a wonderful thing.
  
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #17 - Aug 14th, 2019 at 10:34pm
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Ulysses wrote on Aug 14th, 2019 at 8:32pm:
Jasshole and Burp can't handle the truth.

Nothing new there.


Well, if you are skilled and smart enough, why aren’t you a CEO? The job pays well. Go for it.
Wink
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #18 - Aug 14th, 2019 at 10:37pm
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forgotten centrist wrote on Aug 14th, 2019 at 9:09pm:
It's not the problem -- it's a symptom of the problem.  The market for executive talent is badly distorted.  We aren't getting the execs who perform the best, we are getting the execs who are best at networking, circling the wagons, and extracting money.

It's not really different from other sectors of our economy where costs are spiraling up, like healthcare and higher education.  It doesn't cost colleges 10x what it cost a few decades ago to put a professor in a hall with a bunch of students.  Colleges are raising tuitions because the CAN.

CEOs are getting paid more because they CAN set their own compensation framework.  It has nothing to do with what's best for the company.



If they don’t do what is best for the company, they can be fired too you know, right?

Roll Eyes
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Nox
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Re: CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
Reply #19 - Aug 14th, 2019 at 10:41pm
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I hate to pis$ on the parade ...  but ... does this have anything to do with the fact that the size and quantity of corporations has increased exponentially?

Hmmm ...
  

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