Would you like for the government to regulate wages?Trickle down doesn't exist, Sealy! Anyone that's EVER run a business understands only too well that profit trickles up...not down!
The fact that you need to ASK what GOP policies do to benefit everyone with the unemployment numbers we've had for the past two plus years and all of the other positive economic numbers tells me that you're ignoring what's actually taken place!
Who gives a fuck if everyone is working if they are aren't making enough? Meanwhile their bosses are richer than ever. What happened? How come since 1970 we have gotten poorer and poorer and the rich have gotten richer and richer? I think you know what happened. The rich waged war on the middle class. We were making too much and that was cutting into corporate profits.
Most people in the U.S. are living in financially precarious circumstances. Half of all Americans have nothing put away for retirement and the vast majority of them have under $1,000 saved, total.
According to a 2016 GOBankingRates survey, 35 percent of all adults in the U.S. have only several hundred dollars in their savings accounts and 34 percent have zero. Only 15 percent have over $10,000 stashed away.
For contrast, here’s how much experts say you should have saved at every age:
In your 20s: Aim to save 25 percent of your overall gross pay
By age 30: Have the equivalent of your annual salary saved
By age 35: Have twice your annual salary saved.
By age 40: Have three times your annual salary saved.
By age 45: Have four times your annual salary saved.
By age 50: Have five times your annual salary saved.
The middle class you remember when America was great was making a lot of money. The corporations didn't like that. That's why they started hiring illegals and started sending those high paying jobs overseas. And it's why they broke the unions. No coincidence that since union membership in America went from 35% of our workforce down to 9%, wages have gone down too. Why? Because labor has no say now. You are worth what the corporations say you are worth. And usually they don't think you are worth very much. But how much is the CEO worth? Well he's worth more than ever.
CEOs make $15.6 million on average—here’s how much their pay has increased compared to yours over the year
So are you a CEO or an idiot?
No. I'd like to see unions make a comeback. Labor woke up in the past and improved the middle class perhaps they can do it again.
They say it's a lot harder for Walmart employees and McD employees to organize because they are all spread out all across America. It was easier for GM and Ford employees because there were thousands of them all working in the same building. Regardless, Walmart workers need to strike. But, they are so poor and stupid they don't.
And I did see something the other day where yes there is a formula that they want to have companies that are larger than 250 employees must pay their employees 1% of the profits. Something like that. I don't remember the details but it sounded good to me. Some con on here said, "socialism never works" but really I'm not talking about socialism. I'm talking about the fact that in 1978 CEO's made 30 times what the average worker made but today it's like 200 times. This is not right. Do I want the government to pass laws that force the companies to pay their workers appropriately? I guess if there was a law that would right the wrong, sure. I'd have no problem with it. Of course you cons would fight it tooth and nail. We already know your biggest concern is protecting CEO pay. Why we have no idea but clearly you don't mind that CEO pay has skyrocketed in the years that middle class wages have stagnated.
Once again, Sealy...did CEO pay go up or down when you liberals controlled Washington? Forget all the rhetoric you're spewing...let's talk reality! Did CEO pay go up or down when Barack Obama was President?
It went up. What should we have done about it? What would you do about it if you were in charge? The answer is, NOTHING. You're ok with it.
So maybe Obama wasn't liberal enough. Are you going to vote for Bernie or Elizabeth Warren? They'll try and do something about it. Guess who will fight them every step? You and Republicans. Am I right?
I'm not OK with it actually. Do you really want to fix this situation? Or keep on using it as an issue against the GOP? It has zero to do with political parties. Both the Democrats and the Republicans are being paid off by the very people you think should be reined in. You think it's a coincidence that politicians are given huge amounts of money to give short speeches to business groups once they leave office? Are you really that naïve?
If I were looking to REALLY address the issue I'd attack it at it's source! You've got the boards of corporations approving the CEO pay for those corporations...boards that are almost universally made up of OTHER CEOs of other corporations! I sit on your board and vote to give you a huge raise...you sit on my board and return the favor! There is something inherently wrong with that. Corporations that are owned by the public shouldn't have boards that have the power to award their pals massive pay packages. It should be something that is voted on by the stockholders of the corporation themselves.