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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (32411)	9/3/2017 10:57:22 AM
From: zzpat	Read Replies (1) \| Respond to of 361842

You said CEOs have to pay more, but what happens when they have no idea what the pay is? I used Aetna as a perfect example of a CEO being clueless about pay. After every recession in US history, wage growth went up shortly after the recession ended. This time that didn't happen. CEOs spent trillions of dollars rewarding investors. Wages finally went up because voters forced wages up and it took until 2015 for that to happen (or eight years after the recession began). I state this because it's never happened before and it's the reason the economy isn't growing as strong as it should be. Investors don't grow the economy, spending does but spending can't go up when wages are dead in the water for nearly a decade. I realize many CEOs feared another economic collapse so they chose to not invest in their companies or their workforce, but that sounds like an excuse. They gave the money to investors instead so where was the fear? As an investor, I want more money (obviously) but I also know that every penny I get is a penny that's not being given to the people who earned it, Our economic system depends on this form of redistribution of wealth from the people who work to people who didn't (investors) for it.