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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Jamie153 who wrote (473035)5/5/2021 12:26:47 PM
From: koan  Read Replies (1) | Respond to of 541735
 
The nice thing about a $15 minimum wage is all the corporations would need to start paying it, and in the poor states like the south it would really help both the people and the states.

And of course the brain dead Republicans down there are against it, as is Manchin-lol.

And think of what a huge impact it would have on poverty and income inequality!!

I have read estimates it would pull 38 million people out of abject poverty.

And thinking about our homeless problem I have read that it would only take about 20 billion to solve that and they could pull that out of the bloated defense bill easily!

<,Message #473035 from Jamie153 at 5/5/2021 12:22:31 PM

The slave labor employers depend on taxpayers to take care of the poor they create. I mean, a CEO for McDs needs 2000 times what he pays his workers because playing golf and three martini lunches are expensive.

McDonald's paid its CEO almost 2,000 times as much as the average worker in 2019, with executive compensation topping $18 million

businessinsider.com



To: Jamie153 who wrote (473035)5/5/2021 12:29:04 PM
From: Cautious_Optimist  Read Replies (1) | Respond to of 541735
 
Hey, have you seen the price of a round of golf these days?

And the closure of Jeffrey Epstein's Pedophile Island has put a crimp in their R&R.

Have some empathy man.

CEO for McDs needs 2000 times what he pays his workers because playing golf and three martini lunches are expensive.



To: Jamie153 who wrote (473035)5/5/2021 12:51:45 PM
From: cosmicforce  Read Replies (1) | Respond to of 541735
 
CEO pay is conspicuous but corporate subsidies are a 1000 times larger than CEO pay issues. It's like when R's point out millions in "welfare queen" waste when they gave trillions in deficits and tax cuts for the richest people and institutions with a collective worth billion times the wealth of the poorest citizen.

Humans just can't imagine nine orders of magnitudes so most people just put it all into the "BIG" category. The moon seems a long way away - but if scaled to a football field level - an object 1 mile away wouldn't even be off the goal line yet. Scaled to the nearest star though, the sun is only 1 mile away with the nearest star being as far as far as the moon. Debt numbers are even more unimaginable



To: Jamie153 who wrote (473035)5/5/2021 3:32:55 PM
From: bentway  Read Replies (1) | Respond to of 541735
 
I think the easiest answer to that would be a 'linked wages' law, instead of market forces determining CEO compensation. Say that a CEO could make 100X ( or some reasonable figure ) the compensation of the lowest paid employee. This would result in the lowest paid employee making more, but also all other employees up to a median making more as well. All employees above the median would make less.


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