🚀 go-pugleaf

In article <395nei$1n2@crchh518.bnr.ca>, tomg@bnr.ca (Tom Gargulak) writes:

|> > >Why does a CEO get millions when the cleanup crew working under contract
|> > >get minimum wage.

ummm, supply and demand. The CEO simply refuses to work for less. Although to 
be honest, there is a little problem of not being accountable to the 
stock holders. Lots of these guys sit on one another's board and can  
reciprocally vote each other huge pay raises. 

|> Plenty of CEOs makes millions while the company goes down the tubes.

Hmm, they generally don't stay CEO's very long then.

|> Oh I see.  Juan Gonzalez is more important to society than a good
|> teacher.  You must be a proud parent!

It is a question of who is more important to the company's stock holders.
The gov't doesn't set CEO's salaries, their employers (stockholders) do.
If you want to pay a teach more go ahead, who is stopping you. You must not be a
very proud parent if you don't want to pay for your childs education.
Why do you feel GOV'T must do this for you. If it is not that important
to you, why do you demand that it be important to someone else.

|> BS.  Whats the differnce between having $50m and $100m?  You'll find
|> that the vast majority of people who hit it rich like this were just
|> as much lucky as smart and hard working.  I am not saying take away
|> the extra $50m, just tax 'em heavy.

Whats the difference between 20K and 50K? Compared to most Haitians or
Somali's incomes both are quite tidy sums. Who NEEDS a color TV or
walkman. Why not take them away too. Most of us are just lucky
to be born in America, a nation with a relatively high standard
of living. 

|> Just what it says.  An individual can consume huge amounts of
|> economic resources.  When is enough.

When an individual consumes more than they produce, or more than 
people VOLUNTARILY give them to consume. 

|> BTW:  Many Japanese CEOs don't understand why American CEOs make
|> such huge amounts of money in comparison to how the company does.

But these are issues for the stockholders to deal with, not the gov't.

Jeff Gaer

My Own Opinions