Over the past 40 yrs CEO pay is up 940%> Worker pay up 12%

[Motorcity Cobra]

Congress attacks labor laws – In 1978 labor unions decided to make a stand by introducing a bill that would promote union organizing and strengthen the decision making of the National Labor Relations Board (NLRB) by increasing penalties to violators. Business organized against the bill and outspent labor by 3 to 1. The bill passed the house but was tabled in the Senate and would never return. This was the beginning of a long period of amendments to labor laws and unions would never recover.

https://www.forbes.com/sites/mikecol...class-problem/

"CEO compensation is very high relative to typical worker compensation (by a ratio of 278-to-1 or 221-to-1). In contrast, the CEO-to-typical-worker compensation ratio (options realized) was 20-to-1 in 1965 and 58-to-1 in 1989.

— Economic Policy Institute (@EconomicPolicy) August 14, 2019

"That CEO compensation grew much faster than the earnings of the top 0.1% of wage earners is not because the top 0.1% did not fare well. The inflation-adjusted annual earnings of the top 0.1% grew 339.2% from 1978 to 2017. CEO compensation, however, grew three times faster!"

— Economic Policy Institute (@EconomicPolicy) August 14, 2019

Don’t forget to follow the authors! @LarryMishel @JuliaWolfe94

— Economic Policy Institute (@EconomicPolicy) August 15, 2019

[i_am_a_champ]

Yeh and? Being a CEO is not easy. And the name of the game is to make money. Not share it equally.

[Motorcity Cobra]

Yeh and? Being a CEO is not easy. And the name of the game is to make money. Not share it equally.

Do you know who the highest paid CEO in America is?

[1bad65]

Athletes salaries have skyrocketed the last few decades, and I dont see you liberals on here attacking athletes for making too much money.

Why is that?

[i_am_a_champ]

Do you know who the highest paid CEO in America is?

No idea

I live in England.

Who is it?

[Motorcity Cobra]

No idea

I live in England.

Who is it?

The highest paid CEO in America, Thomas Rutledge of Charter Communications, was awarded a pay package worth $98.5 million in 2016, twice as much as the next-highest-paid CEO, Estee Lauder's Fabrizio Freda, who made $48.4 million.

Charter bought Time Warner about 2 years ago. Since taking over they've essentially bust the union in NY.

They were charging customers for internet speeds they can't deliver

New York is officially kicking internet and cable provider Spectrum, aka Charter, out of the state after the company failed to deliver on its fast internet promises. The state required Spectrum to roll out high-speed internet across underserved rural areas when it merged with Time Warner Cable in 2016.

They've layed off employees & outsourced their jobs overseas and lower paid call center contractors in America.

They've raised prices and with the outsourcing of customer service call center jobs customer service has suffered

But revenues are up as well as the stock price. And none of that trickles down to the employees. Essentially hurt the business and employees in order to make more money for the top brass and shareholders. And this company has a monopoly in almost every city they're in.

[man down]

Good for them!

[1bad65]

The more they make, the more taxes they pay.

Isnt more tax revenue a good thing, grubers?

[Eddy Current]

Money is the biggest ruse in the history of the world. Look at Jeffrey Epstein. Having tons of money enabled him to molest young girls. His story ended with a humiliating arrest and suicide.

Tons of celebrities are filthy rich then you always hear of them having substance abuse problems and often dying of drug overdose.

Then you've got the libtard haters like Man Down on here. He worships people with money and money itself. Why? Not even he can answer that. He just does it without even thinking about it.

[Motorcity Cobra]

CEO's represent the shareholders and board.

Who represents the workers?

Why do people feel it's ok for the shareholders and board of directors to have representation but any mention of workers having representation is met with hostilities by people within the same class.