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Sure Tutor Perini, abercrombie & fitch, Radio shack, Oracle, and many others.
The amazing thing is that they lost the say on pay votes at all, often the companies that control the shares for folks have a strong reason to continue to vote for the managements pay wether it is good for the stock owners or not.
Ahh yes, "you can always dump the stock"....sigh. And do what? Buy another stock thats just as bad? Or buy one thats overpriced?
If you feel the company you are invested in is engaging in poor business practices you dump the stock. It is that simple.
Almost without fail you find that if every dollar a CEO was paid was transferred to the rest of the company's employees it would add to a few cents an hour.
What uis really happening is the 1% are bringing people in developing countries up from the direst poverty. Liberals hate that.
"Rose from nothing" rarely means making one's way out of the projects, from a single-parent household without a car, and going to some lousy inner-city school with abysmal graduation rates. It is far more likely that a CEO or "self-made" millionaire will have benefited from a middle-class up-bringing, a two-parent household with a secure home, a family car, and good neighborhood schools.
Most wealthy people do not come from the first scenario.
So how do you propose to make every kid have equal parents?
If you feel the company you are invested in is engaging in poor business practices you dump the stock. It is that simple.
Almost without fail you find that if every dollar a CEO was paid was transferred to the rest of the company's employees it would add to a few cents an hour.
What uis really happening is the 1% are bringing people in developing countries up from the direst poverty. Liberals hate that.
Shrug. Lots of people want to discuss CEO's as theyre the most public version of this. But really...take the top 500 paid CEO's. Now take the top 25 paid hedge fund managers. Compare. Yeah.
So lets look at say....walmart. (picked via google of largest us employer)
He made 35 million. Walmart employs 2.2 million employees. So about $16 per employee in a year. And just as you say, when divided up between the employees that works out to very little.
Net income (ie profit) for Walmart? 15.8 billion in 2015. IE 71,818 per employee. Now keep in mind, many employees are not full time.
The average employee makes 22,000. If we upped that to 30,000 walmart would still outperform the average company on the stock market.
We are literally spending 6.6 billion a year on healthcare, food stamps, etc for Walmart to be able to employ people at that wage level, and that money is going directly into the walmart families pockets.
Our government takes from the working class and gives to the Rich Elite. A good example is Obama's war on coal.
What nonsense. Coal production is down by a whopping 10%-in the last 8 years.. But that has FAR more to do with the fact that natural gas production, and oil production have skyrocketed. Theres no real "war on coal". Thats a nice statement by politicians to drum up support, then by any real basis in reality.
BTW Chinas coal production dropped 2.4% last year as well. Weird huh?
We are literally spending 6.6 billion a year on healthcare, food stamps, etc for Walmart to be able to employ people at that wage level, and that money is going directly into the walmart families pockets.
Yes because god knows, people shouldn't have healthcare or sufficient food.
Seriously, your argument is that we should impoverish people that are working rather then god forbid....making a incredibly profitable company pay them reasonably.
No, they pay a market wage, whatever that is. Microsoft is one of the richest corporations in the world, the average salary for a software developer is around 100k. Not a slave wage. Wal-Mart pays around $8.50 an hour. Almost every other Wal-Mart like retailer pays this, because it's market wage. Go over to best buy or home depot and you've got an average associate pay of $12-15 an hour. In a true free market companies will pay market wage whatever that is. Would you pay $6 for a gallon of gas? If you had to you would. But you'd drive less, buy a hybrid whatever, constant liberal agenda has created a scenario similar to the $6 a gallon. Blame it on them, not corporations. We have the highest corporate tax rate in the developed world. No wonder people want to go overseas to run a business. Large gaps in income inequality is a symptom, not a disease, regardless of whether it's a problem. Apple even tried to bring manufacturing back but it was too cost prohibitive under our ass backwards tax system. Every time minimum wage is raised it does nothing but force businesses to become more efficient, which means less people.
We are literally spending 6.6 billion a year on healthcare, food stamps, etc for Walmart to be able to employ people at that wage level, and that money is going directly into the walmart families pockets.
And how much would we be spending if those employees were jobless? Actually most of that money is going to those who shop at Wal-Mart and some to people who have never even shopped there due to Wal-mart pressuring other companies to reduce prices.
Let me add that most Wal-mart shoppers make les than the average wage
And how much would we be spending if those employees were jobless? Actually most of that money is going to those who shop at Wal-Mart and some to people who have never even shopped there due to Wal-mart pressuring other companies to reduce prices.
Let me add that most Wal-mart shoppers make les than the average wage
What? You think if we increased minimum wage that suddenly walmart would reduce its employment? Seriously, they got hammered last year in the stock market over not having enough employees.
REALITY: Every time we have increased minimum wage there has been no corresponding jump in unemployment or inflation.
But somehow despite dozens of examples....you want to argue this time is different?
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