On Saturday, May 18, 2019 at 10:56:13 AM UTC-4, Ed Pawlowski wrote:
> On 5/18/2019 6:15 AM, Cindy Hamilton wrote:
> > On Friday, May 17, 2019 at 5:39:43 PM UTC-4, Ed Pawlowski wrote:
> >> On 5/17/2019 5:11 PM, Bruce wrote:
> >>> On Fri, 17 May 2019 17:08:46 -0400, Ed Pawlowski > wrote:
> >>>
> >>>> On 5/17/2019 4:44 PM, Bruce wrote:
> >>>>
> >>>>>>>>
> >>>>>>> When I graduated high school the minimum was was $1.55. Adjusted for
> >>>>>>> inflation, today it would be $10.41 Obviously, many states did not keep
> >>>>>>> up.
> >>>>>>>
> >>>>>>> If you've been in the workforce for a number of years, plug in some
> >>>>>>> numbers to see how well you've fared over the years.
> >>>>>>> https://www.bls.gov/data/inflation_calculator.htm
> >>>>>>
> >>>>>> over the past 40 years most people working in the U.S. have seen no
> >>>>>> increase in pay after accounting for inflation
> >>>>>
> >>>>> Meanwhile, the fat cats were getting fatter. You guys need Sanders
> >>>>> bad.
> >>>>>
> >>>>
> >>>> The President controls wages? I did not know that.
> >>>
> >>> Sanders and others who think like him, at all levels. A change of
> >>> regime.
> >>>
> >> OK, Socialist would control wages
> >
> > Don't you think it's a little odd that executives in other countries
> > can get by on something like 20 times the average wage at their
> > company while U.S. executives get something like 400-500 times the
> > median wage?
> >
> > Cindy Hamilton
> >
>
> It is wrong. How would you change it? Make a law?

That's a tough one. I'm not sure it can be changed.

> It seems to have gotten worse starting about the 1980s when CEO
> compensation was a game of one upsmanship.

Absolutely. At a certain point it's just a way of keeping score
against other CEOs. They should just whip them out and measure
them.

> The board of directors has to
> approve that sort of thing too.

Boards of Directors and CEOs are all scratching each others' backs.

> Stock holders also have a say but
> choose to ignore it. Start writing to the board of directors if you own
> stock in a company.

They don't want to hear from someone who owns a fraction of a share
through a mutual fund.

> We also pay crazy sums of money to celebrities and athletes too. What
> gets me, when a pitcher signs a multi-million $ contract, Joe Sixpack
> will say something like "but he's worth it"

Yep, that's just crazy, too. Some big-name star gets $20 million
and all of the people who make his paycheck possible get union
scale.

> In a small way I do my part. I don't go to movies or pro sporting
> events. I see no reason to support them. I did go to a hockey game
> last night. Championship game between two teams of 9 to 12 year olds.
> It was a damned fun game to watch, those kids are pretty good.

I very rarely go to movies. Depending on the residuals, they make
a pinch off me when I buy a DVD.

Cindy Hamilton