Don,
Yes it is a shame that CEO make millions while the company goes bankrupt.
The problem with limiting someone's income with a federal law is, the US
would experience a major "Brain Drain", with the best and brightest being
paid to work for employers overseas.
"Don White" wrote in message
...
Starbuck wrote:
Doug,
The marketplace responds fairly quickly to inflationary pressure, just
ask Germans who lived during the 40's how quickly the marketplace reacts
to an increase in money supply without an increase in productivity.
Are you suggesting it is ok to create rampant inflation in an effort to
try to give the appearance of helping the less fortunate? After all, the
old on fixed income have lived a good life, it is more important that we
give the appearance of helping the poor.
Might be better to just distribute the existing pie better.
example...a law that would limit a CEO's salary to ten times the lowest
workers salary. Those who deserve it would still earn more...the gap
wouldn't be as big. Outrageous that CEOs are leading large companies
into bankruptcy while earning in the millions.
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