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> CEO salary increases don't happen in a bubble - there has been an unprecedented increase in them while income growth in the middle class has stagnated horribl
by heptathorp 10y ago
> CEO salary increases don't happen in a bubble - there has been an unprecedented increase in them while income growth in the middle class has stagnated horribly.
Since you bring up stagnating wages, it sounds like you are suggesting that the reason middle class workers aren't being paid more is because the money is going to bigger CEO pay. Do you think that if the CEO was paid less, then that money would go to the workers? Because it wouldn't, it would go towards higher profits for the company and so more money for the shareholders. The shareholders, who ultimately decide how much the CEO gets paid.
This is the problem some of us have with debates about CEO compensation. It ultimately boils down to complaining about how people choose to spend their own money.