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Haha, yeah, lets believe a guy from the Heritage Foundation instead. A group funded and supported by the biggest plutocrats in America that relentlessly advocates for the elimination of the minimum wage and bringing America back to the 1920s. They are not biased at all.
You can hear alot of stuff. Doesnt make it true. In lots of countries, the students decide if they want a vocational track or academic track around 15 or 16 years old, and if they regret their decision at a later stage and dont want to be a carpenter, they can take some courses and qualify for university.
School begins between 7:30 and 8:15 and can finish as early as noon. This is usually the case with the lower grades. In the higher grades, classes can continue up until 6:00, depending on the school. Each period is 45 minutes long, with five-minute breaks in between.
Although most Germans claim to be against elitism and favoring any social class, their entire educational system is basically a three-class system that divides students into three different tracks: (1) Gymnasium for bright students headed for college, (2) Realschule for the next step down, kids headed for average or better white-collar positions, and (3) Hauptschule for the bottom tier, generally aimed at the trades and blue-collar jobs. By the age of 10 most pupils in Germany have been put on one of these three educational tracks. Although it is possible to switch tracks, this is not very common.
Efforts over the past several decades to reform this system, with its emphasis on tracking, have largely been unsuccessful. Essentially the same tracking system also exists in neighboring Austria and Switzerland, which have also resisted educational reforms. Citizens of the German-speaking countries seem to feel that the current system produces good results – despite a poor showing in recent PISA rankings and other educational studies that indicate German schools don’t always produce the best educated students.
Going through these posts, I wonder how many of these same people saw the worst economic collapse since the Great Depression coming?
I don't listen to economic boobus when they say were going to force you to do something because "it's best", even though no ones rights have been violated.
Why would a $15.00 per hour wage create ripples when a $300 million annual CEO salary does not?
Because there is a tiny handful of CEO's making $300 million per year and millions who could be increased to $15 / hour - is that really so difficult to understand? 2080 work hours per year (full time) * $1 per hour * 1 million employees is over $2 TRILLION. Make it a $5 / hour increase and 2 million people and it's nearly $21 TRILLION. Where do you think that money is going to come from? Price increases, inflation, putting them right back where they are now.
Wal-Mart CEO Doug McMillon earned a combined $19.4 million compensation package in 2015, including salary, stock options, and other perks. That makes for a dramatic sound bite. But if this money was somehow divided between all 2.3 million Wal-Mart associates, each associate would get a one-time $8.43 bonus—that's it.
That's not a per hour bonus that's a single $8.43 cents.
And the resentment from increasing people who haven't earned higher wages to what people who did earn it that has been predicted every time this topic comes up absolutely happens.
I clearly remember the CEO of United Health making well over $100mil in I think 2011
Clearly...you think? So there is this thing called Google.
His SALARY was $1.3M, his bonus was $1.95M, and $95M from exercising stock options.
The $3.25M in cash SALARY is all that matters, the $95M in stock gains from exercising his options don't really come out of the company bottom line the same way a cash salary does.
But even if any of this was right, the total comp package is only about $100M, nearly $200M less than was claimed by the original poster, which is magnitudes off. Again, just wild stabs in the dark or lying does nothing to advance the story they are making up.
In 2015 the highest paid was $1M in salary and $90M in exercised stock options, again a FAR cry from the $300M claim by the OP. It just shows the either intentional lies of people trying to push their agenda, or a complete lack of understanding of reality.
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Quote:
Originally Posted by t206
Clearly...you think? So there is this thing called Google.
His SALARY was $1.3M, his bonus was $1.95M, and $95M from exercising stock options.
The $3.25M in cash SALARY is all that matters, the $95M in stock gains from exercising his options don't really come out of the company bottom line the same way a cash salary does.
But even if any of this was right, the total comp package is only about $100M, nearly $200M less than was claimed by the original poster, which is magnitudes off. Again, just wild stabs in the dark or lying does nothing to advance the story they are making up.
In 2015 the highest paid was $1M in salary and $90M in exercised stock options, again a FAR cry from the $300M claim by the OP. It just shows the either intentional lies of people trying to push their agenda, or a complete lack of understanding of reality.
The stock option racket is just tax avoidance, since capital gains are taxed at a much lower rate than salary
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