Specifically, as it relates to record level bonuses being awarded to CEO's and employees of top 5 Wall Street firms. Although, there appears to be absence of real wage growth despite productivity growth for frontline workers.
2007-02-19 22:16:42 · 5 answers · asked by Mrjo 1 in Social Science ➔ Economics
The CEO and all there moola? well by gosh they earned it did not they? well, i know they think they did. but since you think you should spread the wealth then the average worker would only get a pittance of the money that is spent of these CEO salaries.
Just think...they still have to pay huge salaries..but that is not really bother me...what bothers me is how much money the government through all kind of taxes..social security..etc
and if you win the lottery ...boy do they get a big chunk of something that very few Americans will ever see. The Tax system seems very unfair to me...15 % across the border for everyone..that sounds reasonable.
2007-02-19 22:24:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Remember that CEO's are the best in their fields. They are the Michael Jordans, A-Rods, and Peyton Mannings of the business world. It is ignorance when people argue that CEO's inherited these roles.
They have worked harder and smarter than a vast majority of the populace. When was the last time a front line worker put in a 70-90 hour week? For no additional pay??
Also consider that they started working hard much earlier than the front-line worker. School is tough, and apparently, the front-line worker either could not make it, or did not want to make it. Proof: if they had more education, they wouldn't be a front-line worker for long.
It irks me to see people discount the hard work performed by executives. Maybe they don't sweat, but they excelled in intellectual fields that college and high school dropouts decided was too difficult. Give them the credit and compensation that most of them have earned.
2007-02-20 00:44:27 · answer #2 · answered by Time to Shrug, Atlas 6 · 0⤊ 0⤋
Thank you. you are right.A CEO wouldn `t have a job without the frontline worker.Wage growth would be nice right now.my thought is that i would really appreciate a raise right now
2007-02-19 22:42:49 · answer #3 · answered by Heike P 4 · 0⤊ 0⤋
Pinstripe pirates [CEOs and others] have been systematically robbing the working class for ages...
The whole system is unbalanced and unfair.. with time things may work out, but then again they might not?!
Does this help any?
2007-02-19 23:38:22 · answer #4 · answered by Anonymous · 0⤊ 0⤋
My you're dense. this is staggering on your question...government gave the bailouts. it relatively is what's erroneous. shop up now. After that what those human beings do with the bailout concerns little, the money is long previous. Sorry besides the undeniable fact that it relatively is stretching my endurance that this way of common concept is being skipped over via lots of.
2016-10-02 10:45:19 · answer #5 · answered by ? 4 · 0⤊ 0⤋