biz.yahoo.com — Chief executive officers from the nation's biggest businesses averaged nearly $11 million in total compensation. At the same time, workers at the bottom rung of the U.S. economy received the first federal minimum wage increase in a decade, $5.85 an hour.
Aug 29, 2007 View in Crawl 4
Closed AccountAug 30, 2007
Yes, now that would be interesting...But companies have what's called trickle up economics..Where the lion's share of the money trickles up to one or two of the lions,while the rest earn MUCH less.I think it's obscene for one person to make a million dollars a month...Nobody deserves that much money, I don't care what they do.
brundlefly76Aug 31, 2007
WOW, what do you know, the TOP executives at the LARGEST companies are rich!Why is this a story?Thats pretty much the way capitalism works folks.Pay commensurate with experience.
bradmwAug 31, 2007
This is the fault of the rest of the BoD/stakeholders, not completely the CEOs themselves.
bradmwAug 31, 2007
Yeah, I can't believe the rich pay less taxes, both percent wise and amount, than minimum wage employees. This country is insane! It's soooo unfair! How are minimum wage employees supposed to pay $140k taxes a year!?
enternalAug 31, 2007
Dang, I know someone who is a Ph.D Biomedical Engineer who works for NASA and he makes $125,000 dollars per year. Well, the ratio to average workers is around 4:1 so F him because he is just worth like any other average workers except he has a piece of F-ing paper so basically he is worth just like any average workers like a burger flipper. Same thing to all CEOs because all they F-ing do is just sit around deciding the fate of the company and the workers. Anyone here can make huge decisions that could win the company billions of dollars or lost billions of dollar. Heck, even that barber across the street can make Microsoft become more successful because it's easy making decisions and sitting around. Hmm.... maybe I should do the same thing since I'm just a high school graduate but I'm sure that I can do it too since the prerequisite to be a CEO is just sitting around all day!Anyways... back to being serious now. What I think that what you call "average workers" work more with their hands. CEOs and the likes work with their brains. In a way both of them that they are all hard work. But, a CEO is getting paid more for a reason that he is bring in large profits for the company. Of course he needs workers as well since they will make his plans to bring in profits a reality. If there are no workers, the CEO would be useless because not matter how brillant his plans are, they would not become a reality. If there is no CEO, all the workers can work the butt off but since the company is not making some great profit, the company might continue on but there is a higher chance of failure for the company and that would be the company would be close down and that would means a lot of laid of workers. So you need both. You might say that since you need both, should the normal workers be paid the same as a CEO who just "sits" around everyday? Well, you are important in bringing money into a company but not as much as a CEO who brings in millions or billions of dollars. To add to that, they are paid more so that they could actually stay with the company and handle all of the stressful work such as deciding all the time on what to do or what decisions to make. If you think that working with your hands is harder than working with your brains, then you are sadly mistaken. Working with you hands all day is very tiring. Studying and making huge important decisions that could cost your company millions of dollars or billion of dollars is also very tiring and stressful. In fact, I would say that I am happy to be a normal worker as at least a better off worker because unlike a CEO, after I work 8 hours, I can have loads of fun, hang out, not thinking about my job. Then go back to work. If I was a a CEO, I would have to think all day and sometimes give me a headache in the process. Even if my body is fine since I don't have to do labor, my head would hurt and I would sometimes become stressed out and as you know, stress can sometimes ruin your body as well.On unrelated news, Digg capchta can be such a pain-in-the-butt. It says qEXH8 and I type that it and it doesn't work. So I tried the audio thing and it still doesn't work. So I had to refresh the page and try a new captcha
unsolicitedSep 2, 2007
I think the solution is <a class="user" href="http://en.wikipedia.org/wiki/Scandinavian_welfare_model">http://en.wikipedia.org/wiki/Scandinavian_welfare_model</a>
dunderballerSep 9, 2007
hell yeah, more power to ya! Best of luck!
Closed AccountNov 30, 2007
Microsoft. That's right you're speaking to Bill Gates. Hi