And your point is? Obviously Reich knows this. He’s talking about the way these companies are set up to funnel ridiculously disproportionate salaries to those at the top, he’s not literally arguing that redistributing CEO pay will somehow magically solve the problem.
Your point is accurate, it’s just irrelevant nitpicking at the cost of grasping what’s really being said.
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CEO pay, stock buybacks, likely a large company savings, all the C-suite executives, and more im sure.
One of the UAW’s demands is $2 per employee for every 1 million in stock buybacks.
This is what should be talked about. Cash-on-hand is public knowledge of publicly traded companies.
Ford has north of $40B in the bank.
Now do that for the president, vp, directors, and board, hell the whole Suite is over payed, not just the ceo
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Sure, but the point still is valid, the difference is shameful
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While the OP is about CEO to lowest employee pay, they are hardly the only overpaid people.
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And your point is? Obviously Reich knows this. He’s talking about the way these companies are set up to funnel ridiculously disproportionate salaries to those at the top, he’s not literally arguing that redistributing CEO pay will somehow magically solve the problem.
Your point is accurate, it’s just irrelevant nitpicking at the cost of grasping what’s really being said.