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hughee99

(16,113 posts)

5. Completely agree.

Reply to Scuba (Reply #4)

Mon Nov 11, 2013, 03:47 PM

Nov 2013

If the CEO of walmart only made what the current lowest paid workers made, it doesn't fix anything. The problem isn't what the person at the top makes, it's what the person at the bottom makes. If Walmart's lowest paid workers were making $100k a year and it's CEO made $1 billion, we'd be better off even though the ratio is worse.

I can understand where companies might be encouraged to raise the lowest paid workers up so they can compensate their CEO more, but I don't think that's going to happen all that much. I think companies will either move to new locations where these rules don't apply, or try to find ways to "compensate" the CEO's without having that count against their compensation.

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If we could get this law on our books many of our problems would disapear. [View all] Maraya1969 Nov 2013 OP

Dr Bronner's Magic Soap already does that here NV Whino Nov 2013 #1

Ben & Jerry's Ice Cream used to do that, but no more. StrayKat Nov 2013 #7

Ben & Jerry's also is no longer owned by Ben and Jerry NV Whino Nov 2013 #8

Yes, companies often get sold at some point. StrayKat Nov 2013 #9

I love Dr. Bronner's Soap. I used to take baths and read the bottle sitting in the tub. Maraya1969 Nov 2013 #20

Watch 'em all move to Monaco. TreasonousBastard Nov 2013 #2

Companies get really good deals and lots of protection in Switzerland. JDPriestly Nov 2013 #12

Problem is many of "our" companies, truebluegreen Nov 2013 #3

take it out in import duties. . annabanana Nov 2013 #11

I'd love to truebluegreen Nov 2013 #15

It doesn't bother me that some are paid huge sums of money. Scuba Nov 2013 #4

Completely agree. hughee99 Nov 2013 #5

There's another problem. Incitatus Nov 2013 #25

What bothers me is that American CEOs are paid 475:1 of the average worker. Initech Nov 2013 #10

I was thinking. . . StrayKat Nov 2013 #6

Good idea. JDPriestly Nov 2013 #13

Hmmm, I'm not sure. StrayKat Nov 2013 #14

Maybe. There are no easy answers. JDPriestly Nov 2013 #17

I like it!.....nt Enthusiast Nov 2013 #16

Just imagine the squealing like a stuck hog if a 12 to 1, or even a 120 to 1, were law in 'murika: indepat Nov 2013 #18

For me, it was the insane amount of money a boss made compared to his/her workers... cynatnite Nov 2013 #19

Don't be too sure. I don't talk about this much but my father was a salesman and he became Maraya1969 Nov 2013 #22

They will simply pay themselves in other compensation. nt Demo_Chris Nov 2013 #21

OK then they get penalized very harshly for all the money they are taking from the government Maraya1969 Nov 2013 #23

I hear you. nt Demo_Chris Nov 2013 #24

Right-wing pundits aren't gonna like this. ... JEFF9K Nov 2013 #26

i started writing an OP yesterday Control-Z Nov 2013 #27