Talk of The Villages Florida - View Single Post - income inequality
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Old 08-01-2014, 07:10 AM
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eweissenbach eweissenbach is offline
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Quote:
Originally Posted by Dr Winston O Boogie jr View Post
OK, take your first example. Take away 80% of that CEOs income and distribute it evenly among the employees and it about $2600 per employee. Not a bad increase for minimum wage earners but not life changing. It's about $1.30 per hour increase for a forty hour a week worker.

And again consider that that money is not going to be distributed evenly. The people closest to the top would get more and the people on the bottom would get less. If Vornado Reality has increased it's profits by a billion dollars under Fascitelli then he's worth every penny that they pay him.

Bt the bottom line is that taking from the rich and giving to the poor will not solve any problems. The wealthy in this country are not the problem.

If you want to argue about the other examples that you have posted please show evidence that the people involved are not worth what they are getting paid
.

Although I agree that many of these CEOs make more than their worth and their compensation should be tied to the performance of the companies reducing their salaries does not change anything.
Please show me where I stated or implied that any of these CEOs were not worth what they are getting paid. I was simply pointing out that the statement you made that most of the companies with highly paid CEOs had a million or more employees was wildly eggagerated. If you are going to use arithmetic to prove your point you need to get the numbers at least close to correct.
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Last edited by eweissenbach; 08-01-2014 at 07:54 AM.