Splain This Rucy!

[Deleted User 8570]

They exported and automated a lot of blue collar jobs to attain that ratio. Notice you never see management get exported. Bastards.

[audiophile]

False...
http://www.politifact.com/truth-o-meter ... has-obscu/

[Deleted User 8570]

False...
http://www.politifact.com/truth-o-meter ... has-obscu/

It is generally accepted that the US has a larger ratio though and that it has increased over time...

[TC Talks]

Glassdoor did a survey last year, and it came out to 204 to 1...

https://www.glassdoor.com/research/ceo-pay-ratio/

[Bryce]

200 to 1 is pretty fair when you consider the pool of people that, for example, could be successful as CEO of GM versus the pool of folks that are capable to work in a plant.

Not to mention the difference in demands. I have a feeling Mary Barra works a "few" more hours a day/week than the company average.

Maybe someone will enlighten us with another flawed business model showing why this isn't right.

[Bryce]

Interns...

Why isn't someone forcing the broadcast
industry to pay interns? Forget a living wage, many aren't paid at all.

And...

What the hell does minimum wage have to do with the Obama admin forcing nuns to provide birth control and abortion coverage while exempting Pepsi and other major corporations?

[Deleted User 8570]

200 to 1 is pretty fair when you consider the pool of people that, for example, could be successful as CEO of GM versus the pool of folks that are capable to work in a plant.

Not to mention the difference in demands. I have a feeling Mary Barra works a "few" more hours a day/week than the company average.

Maybe someone will enlighten us with another flawed business model showing why this isn't right.

If I understand correctly in the "good ol days", say about when that fine picture of yours was taken, it was less than 200-1 more like 50-1 or 75-1... The point is that it has expanded far faster than everybody else's wages and at a very fast clip. So while wages remained stagnant they skyrocketed if you were in management.

[TC Talks]

I'd have to agree with Bus man here. You might not (as usual) understand the issue or ramifications for our country.

http://www.salon.com/2015/07/15/35_soul ... y_partner/

The poorest Americans do come out ahead in one statistic: the bottom 90% of America owns 73% of the debt.

Over 20 percent of all American children live below the poverty line. This rate is higher than almost all other developed countries.

Between 1979 and 2007, the wages of the top 1% rose 10 times more than the bottom 90 percent.

[Bryce]

Over 20 percent of all American children live below the poverty line. This rate is higher than almost all other developed countries.

So you would have to agree that Johnson's "Great Society", along with the programs initiated since, has been an abject failure in helping the poor of this country?

Between 1979 and 2007, the wages of the top 1% rose 10 times more than the bottom 90 percent.

Why, in your opinion, has this happened?

Could it be that competition for the small group of people with the skill set to act as CEO for a major corporation has driven this number?

Could it be that the number of people available to do low skill jobs is higher than the demand?

[Deleted User 8570]

Over 20 percent of all American children live below the poverty line. This rate is higher than almost all other developed countries.

So you would have to agree that Johnson's "Great Society", along with the programs initiated since, has been an abject failure in helping the poor of this country?

Between 1979 and 2007, the wages of the top 1% rose 10 times more than the bottom 90 percent.

Why, in your opinion, has this happened?

Could it be that competition for the small group of people with the skill set to act as CEO for a major corporation has driven this number?

Could it be that the number of people available to do low skill jobs is higher than the demand?

So the number of CEO types was higher before thus making the ratio closer? Could it also be that company boards reward CEO's and then those CEO's sit on other boards and reward their buddies for shipping jobs overseas and thus reducing labor costs which increases the bottom line and their pay? It's a rigged game and they use it to benefit themselves rather than society.

[audiophile]

I like a chained pay. The max ratio between the highest and lowest. Once that is going get rid of minimum wage.

[Bryce]

It's a rigged game and they use it to benefit themselves rather than society.

The last I checked, the purpose of a corporation is not to enrich society, but to enrich stockholders.

Societal issues are better left to the church and non profits. Of course, as religion continues to be vilified by the left, it can do less and less of that. This makes many very, very happy as more and more people turn to the government as their savior.

[Deleted User 8570]

It's a rigged game and they use it to benefit themselves rather than society.

The last I checked, the purpose of a corporation is not to enrich society, but to enrich stockholders.

Societal issues are better left to the church and non profits. Of course, as religion continues to be vilified by the left, it can do less and less of that. This makes many very, very happy as more and more people turn to the government as their savior.

They aren't turning to the government as their savior... My point was that as a society we worked towards getting all facets of it to help better itself. Now we have gone to a profits first people be damned model that's doomed to failure. We have revived an 1890's style capitalism... There's a reason people wanted to be rid of it after that decade was over... It proved destructive. It was unfettered and unchecked. Much of the mid twentieth century had much stricter regulations of railroads, banks, communication etc. and the world didn't end. The wealth was more evenly distributed. Employees were viewed as an asset to be kept loyal and employed for life rather than as a disposable tool of the corporations drive for profit. We've gone backwards by loosening this stuff up under the banner "FREE MARKET"...

[TC Talks]

OK what if in order to get any government contract or work for a. Company that has a government contract, you must have a decent ratio and $15 minimum wage.

Corporations don't need the government work if all they care about is shareholders

[Bryce]

OK what if in order to get any government contract or work for a. Company that has a government contract, you must have a decent ratio and $15 minimum wage.

Corporations don't need the government work if all they care about is shareholders

OK, lets take your scenario...

A company that takes a contract to build/repair a highway in the U.S. currently pays laborers about 18.00 per hour and cement masons (a title earned after a three year apprenticeship) slightly north of 20.00 per hour.

In your world, the company has to pay the person that stands there holding a sign that says "stop" on one side and "slow" on the other and turns it every so often, basically an entry level no skill job, will be paid 15.00 per hour. Don't you think the laborers that dig trenches, compact dirt, load and unload trucks as well as the cement masons would expect to be paid more in comparison?

And again, what the hell does this have to do with Nun's being forced to provide abortions?