thereisnospoon
Gold Member
As far as these class warfare progs are concerned, the CEO or other board member won the "lottery of life"...Business pay people what they are worth?I have always been gainfully employed, got mad skills, Never had to worry about minimum wage except when I was a young man ...........
The first job I ever worked that actually paid some decent cash was as a heli-arc welder at an aluminum boat plant. That plant was my kind of heaven and n*ggers hell, set in a small rural town, tucked on the edge of a quaint little pond, I spent many of my earlier years here.
As I stated, I was a welder when I started, we got a minimum wage of $2.50 / $2.65 / hr or something in that range, whatever federal minimum wage was at that time. Now here was the gravy train, we got paid piece mill rates, in other words if a 1030(10 foot length, 30" beam) paid $2.50 / ea.
This was forming, cleaning down all seems with wash thinner, tacking of transoms and front ends, both front rakes(where the bottom curves upward to meet the sides), drain plug and finally tote it to the test tank.
Now lead welders could do these babies in 10-12 min, they were worth $2.50 each, you do the math.
The homies didn't stand around with there pants down, they knew if they wanted a pay check it would be performance driven.
Now if we went back to some of these standards of you get paid what you are worth, then most of the left would starve while declaring the right cold harted for not feeding the poor retards.
I really don't care at this point, society is out of control ..............................................
You liberals can have your exercise in $15/ MW.
Hell I don't live in Seatelle, and damn sure want be visiting.
Lets hope when it is done you will come back and discuss it just as Detroit and Chicago, neither of which any of you left wing nut jobs will comment on yoiur bs rhetoric.
According to this logic, CEOs of big companies are worth their giant compensation packages, now averaging 300 times the pay of the typical American worker. They must be worth it or they wouldn't be paid this much, right?
Fifty years ago, when General Motors was the largest employer in America, the typical GM worker got paid $35 an hour in today's dollars. Today, America's largest employer is Walmart, and the typical Walmart worker earns $8.80 an hour.
Does this mean the typical GM employee a half-century ago was worth four times what today's typical Walmart employee is worth? Not at all. That GM worker wasn't much better educated or productive. He often hadn't graduated from high school. And today's Walmart worker is better educated, surrounded by digital gadgets -- mobile inventory controls, instant checkout devices, retail search engines -- making him or her highly productive.
The "paid-what-you're-worth" argument is fundamentally flaunted because it ignores power, overlooks institutions, and disregards politics. .
50 years ago the GM worker actually had to have some skills. The walmart worker doesn't. Then, as the unions priced the jobs too high the car makers turned to robots for the vast majority of the jobs out there. I heartily agree that CEO's are grossly overpaid. So are firefighters. So are sports people and the established actors and directors. They are grossly overpaid for what they do.
By what frame of reference do you judge how much a CEO is supposed to make and what is considered excessive? The market is the fairest arbiter of what people should get paid, the more rare the talent, the higher the premium. Can you run a multi billion dollar corporation? Neither can I. That's a skill set that takes decades of hard work and ambition to cultivate. Nobody outside of government, which is shielded from market forces, is overpaid.
They believe that about anyone who's wealth and success offends them