re: #244 HappyWarrior

I mean a good work ethic is a good thing to have but there’s something deeply wrong I think if a person has to work 80 hours to provide for their family and is still struggling. When I saw Perriello speak on Friday night, be brought up such a person and there are a lot of people like that in the economy. The biggest problem I have with the right is they oppose things like welfare but they also oppose wage floors too.

$10 million per year is on the low end for US CEO compensation. Assuming (!) a 2000 hour work year, that works out to $5000 an hour.

There is absolutely no way to justify that kind of compensation for anyone who isn’t performing at godlike levels. Most of these folks are nowhere near that level, despite their press releases to that effect.