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![]() "Starbuck" wrote in message news ![]() 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. Or you get the market bubble and burst as happened under clintoon's watch........income was simply shifted to stock options...which caused CEO to shift the focus to raising stock price, like anything else, the market adjusts to the guvmint sticking its nose in the middle and screwing things up. Don, being the typical liebral, is a static thinker...and thus doesn't realize that people change their ways when encumbered by an additional guvmint burden. The wage freeze during WWII helped created the current helath care mess as well "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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