Great Depression vs Silent Depression: 1930 vs 2023 Numbers Are Shocking
(rumble.com)
💥 ECON COLLAPSE 💥
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I dont care what CEOs make, if they are growing the company in a sustainable manner. If not, they should receive much less. Stock buybacks should be illegal.
The solution I would like to find - and I dont have the answer- would be how pay for everyone below the CEO, board, and VP's can go up. The pay curve in many industries is pretty linear below that level in my experience, then has a "knee" that trends up at a much faster rate at the Sr. Director/VP level. The pie doeant have to be finite. Grow the pie and pay everyone underneath more (or at least, the valuable, hardworking ones, work isnt welfare).
That said, without income tax, medicare and social security, everyone would make more.
...compelling observations, nicely stated and framed...