Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Well as far as I understand, private companies that pay CEO salaries don't pay teacher salaries.
So why the comparison ?
You do realize that many of these big companies are getting their profits from other countries.
It's NOT the US that are making these companies money..it's China, India, Brazil..all the emerging countries.
LOL, what does this have to do with the price of beans in China. Are you suggesting if CEO pay were lower employment would be higher? Or perhaps teachers unions stranglehold on municipalities wouldn't be broken?
first, i find it curious that your concern is over government job losses, which are at a much lower rate then the sheer volume of jobs that have been lost in the private sector.
In the era of the 0bama recession, businesses are finding that they will have to do with less, but they still want to keep their core capabilities and talent intact. Once 0bama stops jacking around the country, businesses will start hiring people, but in order to stay competitive they need to retain or attract the best and brightest executives.
It's the same with a guy who puts all his money into his car engine, while he earns enough cash to repaint and reupholster his ride to attract the babes. you cannot attract babes with a sputtering, coughing engine, and you cannot attract investors or customers if your fourth rate CEO lacks vision and has poor plan for the future.
The differences you don't get is the private sector can pay what it wants if it can afford it to get who they want as CEO. It doesn't cost taxpayers a dime.
Often those making a gazillion dollars are paying income taxes between 50-55% which the tax man loves.
Teachers, police and fire fighters get paid darn well, are doing all on taxpayer funding.
Many teachers are especially overpaid and because unions in government are a monopoly bargaining against the taxpayer, they have retirements that millionaires often don't have.
So we do need to lower the number of government employees, go get unions out of there and to stop the pensions from being back loaded as they are.
I fail to see the point. What does unemployment percentages and CEO pay have to do with each other? Are you suggesting that CEO pay is the reason people don't have work?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
