re: #443 dragonfire1981

Is anyone truly saddened by the economic reality in America?

Forget trickle down economics, we’re living in an era of vaccuum up economics where the elites have been busily sucking up as much wealth to the top as they possibly can.

Don’t get me wrong, I’m all for running a business and making healthy profit, but when you are selling out your employees, vendors and customers merely so a group of executives and a board of directors can reap millions of dollars, there’s something wrong with that.

The ratio of CEO pay to average worker pay in the U.S. is 450:1
In Canada it is 64:1 (Yes, that would be about SEVEN times less).

Other countries are even less than that.

I’d like to see maximum compensation in any company be capped at 50:1 including the value of stock and any other “perks” that are not shared by every employee. If Joe Snuffy the CEO is really worth $10,000,000 then the janitor cleaning his office is worth $200,000.