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In reply to the discussion: Meet the CEO Who Cut Worker Pay in Half While Pulling in $21 Million Last Year [View all]Nye Bevan
(25,406 posts)22. If every company in the US paid entry-level workers $19 per hour,
I would accept a bunch of CEOs being paid $21 million.
You wouldn't take that deal?
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Meet the CEO Who Cut Worker Pay in Half While Pulling in $21 Million Last Year [View all]
xchrom
Mar 2013
OP
Actually, wages from $25 to $40 an hour do trickle down to the economy at a high rate.
haele
Mar 2013
#44
Deep breath - The benefit is in the taxes and spending that the $50K - $100K does.
haele
Mar 2013
#74
No I'm making this point because this is part of the research I am doing for my degree.
haele
Mar 2013
#77
OK - 95% of my family income going to taxes and local businesses means I'm just like the top 1%
haele
Mar 2013
#80
Swing away - notice that though I tell you the percentage of taxes that come out of my paycheck -
haele
Mar 2013
#82
Side comment - If you want to know what your vet's life of luxery is, look up kestrel91316
haele
Mar 2013
#83
So, what do you think would be a fair hourly wage for entry-level employees? (nt)
Nye Bevan
Mar 2013
#41
Can't support a family of 4 in the Bay Area. That's right at the poverty level.
demosincebirth
Mar 2013
#53
When I had an entry-level job in the 1980s I couldn't even afford an apartment of my own.
Nye Bevan
Mar 2013
#54
So... He's the new Jack Welch and all the MBA lemmings are following in his lead?
Hugin
Mar 2013
#20
If we had Medicare for All, the worker's health insurance costs wouldn't be in car prices.
Scuba
Mar 2013
#29
It's one of those things that makes all the sense in the world, which is why it'll never happen.
HughBeaumont
Mar 2013
#35
Now if the executives salaries was cut by half then the company could return the workers
Thinkingabout
Mar 2013
#52
The only real problem with that scenario is this: Without Mulally, there was a very real chance
Ikonoklast
Mar 2013
#68
Hate to say it, but for $21 million Ford under him ignores design for style...
sfpcjock
Mar 2013
#84