2aguy
Diamond Member
- Jul 19, 2014
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- #61
Don't gloss over the problem, working class wages are flat while upper tax brackets are experiencing unprecedented income growth. Trickle down does not work as advertised but it damned sure works as intended, getting poor conservatives to close ranks around the wealthy because they think their livelihoods depend on it.I don't agree with that. There will always be a bottom line that a company has to keep. If a CEO is able to make necessary cuts to maintain success, why shouldn't he? You forget that it is a free marketplace that creates competition that discourages unethical business. Not to mention the power of the consumer. What is the problem? A company lays off employees for no good reason...buy from somewhere else!People are not just complaining about CEO pay, they are complaining that their pay is steadily increasing while employees' pay stays the same or even getting laid off to pay for that CEO. It's the best example that trickle down does not work as advertised.You are compensated for your strengths. The free market dictates salary. Success dictates monetary compensation. Without money, how do you attract the best??You do realize those people are complaining about the pay of the CEO's of massive companies, do you know what the CEO of walmart makes?
Trickle down....you mean keeping taxes low and government small so that poor people can start their own businesses without the government crushing them before they even open their doors......