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Why do CEO's make som much?

KLATTU

KLATTU

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Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
Click to expand...

CEO's make like 350 times what their workers make, that's an excess.
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
Click to expand...

They also made millions when they were getting bailouts from the government during the recession.


The system is rigged
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
Click to expand...

No, the disparity is ridiculous, but more importantly is your claim about tickle up is just a poor defense of a failed trickle down policy.

You want to know how the budget was balanced under clinton? It was tech money from y2k, little people were making money and became more important than those CEO’s. They couldn’t stand the competition, so they ran cables and gave those jobs to India and China. No more hey dude from some low computer programmer. Oh, the disrespect, didn’t they know who they were? No, they knew how to do what they couldn’t.

Plenty of failed companies with super high CEO salaries.

Then again, let’s think about it, politicians used to rely on experience and intelligence, not real estate con men who spew like a toddler. Who’s worse?


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I'm glad that CEO's make a gigantic amount of money while voting republicans make average to below average salaries.
 
I don't know of any job where one can make ridiculous amounts of money for absolute dismal failure.
 
The reason is 'vulture capitalism.'
 
Winston said:
CEO's make like 350 times what their workers make, that's an excess.
Click to expand...

It is, but that is the trade-off of retirement plans. The great pay divide started with the ability of company's to offer IRA and 401K's right around the early 80's instead of traditional pensions. Now instead of a company's performance returning money to its own workers, it is returning them to a broad base of investors which in turn all want growth in stock value more than say dividends because that growth is more money upon which to retire. In addition, the number of stocks is finite at any given time, so every time a worker gets paid, there is even more money chasing the same shares of stocks, driving up their "value".
 
Wealth inequality in the United States under Donald Trump is at a historic high.
 
Why do CEO's make so much?
Click to expand...

1. because they can.

2. because **** workers and hooray for automation.

3. because once the five old guys control all of the wealth, we will all prosper. pornographically overpaid CEOs are an important intermediate step on the path to an ideal level of neofeudalism. the best strategy for those of us who aren't one of those five old guys is to be a good serf until we can be properly automated and subsequently fired.
 
Helix said:
1. because they can.

2. because **** workers and hooray for automation.

3. because once the five old guys control all of the wealth, we will all prosper. pornographically overpaid CEOs are an important intermediate step on the path to an ideal level of neofeudalism. the best strategy for those of us who aren't one of those five old guys is to be a good serf until we can be properly automated and subsequently fired.
Click to expand...

Yes, I'm thinking ahead and investing in a horse and plough.
 
Supply and demand my ass. They're paid so much because of greed.
 
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