Originally Posted by chiefzilla1501
Not a hard concept to grasp. Money paid to CEOs is money that could have been spent on new workers, new plants, R&D, marketing, training programs. All these things create jobs that create workers.
In many cases, these corporations are getting tremendously favorable tax breaks. Are they getting pumped into capital, workers, etc...? No. Executive compensation is skyrocketing while job growth is flat and the same workers are being asked to take on twice the workload.
Executive compensation is absolutely a problem. I have no problem with good CEOs getting paid handsomely. There is an enormous incentive problem when horrible CEOs are getting paid equally as handsomely.
It's NOT your property. Not a hard concept to grasp either. But for you it is. Therefore, END of discussion with you.
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