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Re: Wage Limits = Would you support a law like this
[Re: outdoors1]
#1840343
09/09/16 12:23 PM
09/09/16 12:23 PM
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Joined: Jan 2002
Posts: 4,671
Madison, AL
wmd
10 point
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10 point
Joined: Jan 2002
Posts: 4,671
Madison, AL
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Yes and no depending on the writing of the law and if we could vote on it. We need more even distribution of wealth though it may never happen call it greed. No one deserves over five hundred thousand salary I don't care what they do. Someone on the lower end is paying for it guarantee. Too many upper level people may try to write their own legal exclusions into legislation. For example, current legislatures that passed Health Reform Act do not have that insurance, but government insurance plan. If you pass the plan you should have to be part of it immediately. American greed has gotten out of hand over the years imo.
A higher up in a company may make millions a year and in addition receive stock options with value worth millions. They could stay five years and stock options double on no part of their own because working people bought into their stock. When they leave sell out and contribute to stock downward spiral or when company still post a loss. All legal in America. All while working non-sweat 30 hour weeks and never understand the sweat part only they don't do that type work and never did. Why do you think the minimum wages has not rose proportionate to cost of living, got to have the mice turn the wheel.
Read some interesting data on AFL-CIO website that I will share. The average union employee makes over $5,000 more than non-union employee. I would pay $500 union dues if you tell me I can make $5,000 more. That should cover those dreaded union dues some complain about in the U.S. Big business wants every state to be "Right to Work" state, so they pay less wages. Good if you on the top end of business. They get more cheaper wages and more workers cheaper. Kind of a trade off it seems. No one deserves to make over $500,000? So the best brain surgeon in the world, that went to college/med school/residency/specialty/fellowship for over 12 years, and saves dozens of lives every year doesn't deserve to make half a mil? You may want to join the socialist party. Most go on scholarships and earn salary too during that time! I don't think that is quite true.
"Any way you look at it, most of the problems facing baboons can be expressed in two words: other baboons" -
D.L. Cheney and R.M. Seyfarth
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Re: Wage Limits = Would you support a law like this
[Re: chad1980]
#1840414
09/09/16 02:10 PM
09/09/16 02:10 PM
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Joined: May 2015
Posts: 6,363
On the X
TickaTicka
12 point
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12 point
Joined: May 2015
Posts: 6,363
On the X
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I know this....My father started out with a company 35 years ago making minimum wage....Worked his way all the way up through the ranks and now falls into one of these high paying wages...He pays way more than his fair share of taxes every year, I have seen the checks written to the IRS they are more than most of us make in a year. Never gets a break, has to carry a satellite phone, gone all the time. He literally never gets a day away, even when we are hunting he is still having to run things, or he gets fired. There are no write-ups, warnings, suspensions, he is looking for another job period. Most of us have the luxury of leaving a job at the end of our shift and going home and forgetting about it. I dont think it is fair to say that "no one deserves 500 thousand dollar a year salary" until you have had to walk in those shoes. I'm a bit of a romantic, but I tell my kids all the time that the American dream is still alive and they can go get it. Your dad is a living example. I'm fascinated by this relatively new concept of hating wealthy people. Since 98% of wealth in America is "new" wealth, meaning not inherited, doesn't this just mean people are piling on the American dream. How does one think this is a good idea? I get it, there are always bad apples in every group but to universally hate the 1% is beyond me. I look up to them. What great achievers. I don't want to stifle their great motors of work ethic, innovation, etc. with hate. I'm not saying we need to praise them either, but the vitriol is strange to me.
Public Land Owner
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Re: Wage Limits = Would you support a law like this
[Re: outdoors1]
#1840451
09/09/16 02:59 PM
09/09/16 02:59 PM
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Joined: Jan 2005
Posts: 23,919
Clarksville, TN /Greenville, ...
bill
Freak of Nature
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Freak of Nature
Joined: Jan 2005
Posts: 23,919
Clarksville, TN /Greenville, ...
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Yes and no depending on the writing of the law and if we could vote on it. We need more even distribution of wealth though it may never happen call it greed. No one deserves over five hundred thousand salary I don't care what they do. Someone on the lower end is paying for it guarantee. Too many upper level people may try to write their own legal exclusions into legislation. For example, current legislatures that passed Health Reform Act do not have that insurance, but government insurance plan. If you pass the plan you should have to be part of it immediately. American greed has gotten out of hand over the years imo.
A higher up in a company may make millions a year and in addition receive stock options with value worth millions. They could stay five years and stock options double on no part of their own because working people bought into their stock. When they leave sell out and contribute to stock downward spiral or when company still post a loss. All legal in America. All while working non-sweat 30 hour weeks and never understand the sweat part only they don't do that type work and never did. Why do you think the minimum wages has not rose proportionate to cost of living, got to have the mice turn the wheel.
Read some interesting data on AFL-CIO website that I will share. The average union employee makes over $5,000 more than non-union employee. I would pay $500 union dues if you tell me I can make $5,000 more. That should cover those dreaded union dues some complain about in the U.S. Big business wants every state to be "Right to Work" state, so they pay less wages. Good if you on the top end of business. They get more cheaper wages and more workers cheaper. Kind of a trade off it seems. Karl Marx would be proud.  Not into Karl Marx idealogy. Just see wages not rising proportionate to cost of living. Would like to see more for working class folks that support those upper level jobs not other way around. Don't follow anyones philosophy. You are, you just don't know it.
"Political debate: when charlatans come together to discuss their principles"
-
Bauvard
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Re: Wage Limits = Would you support a law like this
[Re: TickaTicka]
#1840485
09/09/16 03:30 PM
09/09/16 03:30 PM
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Joined: Feb 2013
Posts: 8,399
Atoler
14 point
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14 point
Joined: Feb 2013
Posts: 8,399
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I know this....My father started out with a company 35 years ago making minimum wage....Worked his way all the way up through the ranks and now falls into one of these high paying wages...He pays way more than his fair share of taxes every year, I have seen the checks written to the IRS they are more than most of us make in a year. Never gets a break, has to carry a satellite phone, gone all the time. He literally never gets a day away, even when we are hunting he is still having to run things, or he gets fired. There are no write-ups, warnings, suspensions, he is looking for another job period. Most of us have the luxury of leaving a job at the end of our shift and going home and forgetting about it. I dont think it is fair to say that "no one deserves 500 thousand dollar a year salary" until you have had to walk in those shoes. I'm a bit of a romantic, but I tell my kids all the time that the American dream is still alive and they can go get it. Your dad is a living example. I'm fascinated by this relatively new concept of hating wealthy people. Since 98% of wealth in America is "new" wealth, meaning not inherited, doesn't this just mean people are piling on the American dream. How does one think this is a good idea? I get it, there are always bad apples in every group but to universally hate the 1% is beyond me. I look up to them. What great achievers. I don't want to stifle their great motors of work ethic, innovation, etc. with hate. I'm not saying we need to praise them either, but the vitriol is strange to me. Nailed it. I never realized that Aldeer had so many socialist haters. I had dinner with a man two weeks ago. He got a scholarship and went to UNA. Then put himself through pharmacy school at Sanford by doing landscape contracting. He met my dad, at taekwondo classes, and enlisted him to learn how to build houses. When he graduated pharmacy school, he got contracts at different pharmacies in Alabama and Tennessee. He'd often work a shift in Nashville, then work another a few hours later in Huntsville. He and his wife built 9 homes in the next 10 years, averaging about 20% on each home, including moving expenses. That's 9 moves, just to pick up some income. He quit building and started his own pharmacy. After several years of that, he sold out to cvs for 17x earnings. He then started a "doc in the box" type clinic. Now he's up to a half dozen of those, and making an exceptional income. He's in his early fifties. People like him are the American Dream. But, a lot of people are jealous pricks, without ever understanding the cost of what it takes to become that successful. He told me quite simply, "anyone can make a whole lot of money. It takes two things: 1. Working more 100hr weeks than 50hr weeks. 2. Having average intelligence." That's a lot of sacrifice. Not everyone is willing to devote their lives to being successful, but to resent successful people because they have, is the epitome of sorry.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840511
09/09/16 03:48 PM
09/09/16 03:48 PM
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Joined: Feb 2014
Posts: 1,635
East Alabama
MorningAir
8 point
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8 point
Joined: Feb 2014
Posts: 1,635
East Alabama
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I don't think there are alot of socialist on here. I think there are a heap of people on Aldeer that have never worked for a Fortune 500 or 1000 company, or any other publicly traded company, and been a part of what really goes on in those companies. If there are a bunch on here that have, they must be raking in the money to not think anything is wrong with the way wages are cast out.
I'm not for maximizing wages either, but none of it matters. If the government told every CEO and EVP of every public company in the USA they could pay a 0% corporate tax on earnings, and the government would pick up 100% of the employees healtchare, there is not 1 single executive that would pay their non executive employees 1 penny more. They would all salivate at the opportunity to pay themselves more, and increase the wealth of their shareholders. That's just the nature of wealth, and the history of America for those that don't start their own business, and work for someone else.
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Re: Wage Limits = Would you support a law like this
[Re: MorningAir]
#1840585
09/09/16 05:01 PM
09/09/16 05:01 PM
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Joined: Feb 2013
Posts: 8,399
Atoler
14 point
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14 point
Joined: Feb 2013
Posts: 8,399
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I don't think there are alot of socialist on here. I think there are a heap of people on Aldeer that have never worked for a Fortune 500 or 1000 company, or any other publicly traded company, and been a part of what really goes on in those companies. If there are a bunch on here that have, they must be raking in the money to not think anything is wrong with the way wages are cast out.
I'm not for maximizing wages either, but none of it matters. If the government told every CEO and EVP of every public company in the USA they could pay a 0% corporate tax on earnings, and the government would pick up 100% of the employees healtchare, there is not 1 single executive that would pay their non executive employees 1 penny more. They would all salivate at the opportunity to pay themselves more, and increase the wealth of their shareholders. That's just the nature of wealth, and the history of America for those that don't start their own business, and work for someone else. I'd imagine there are a lot more people on here who have worked for one of those companies, than have worked their way up to an executive in one of those companies. If you think there is something wrong with the way wages are cast, at the company you work for, go work somewhere else. It really is 100% that simple. As to your second point. A ceo's one and only job is to maximize profits. That's what it boils down to, although there are tons of factors that include under that. There is a trade off on taking care of your employees. Don't take care of them enough (financially and incentives), your profit margin decreases. Do to much for them, and your profit margin decreases. I assure you that every ceo in this country understands this. How they choose to manage that, determines the amount of success they will have. But, once again, it all boils down to the employees ability to leave. That's the wonderful thing about our economy, and with all the government interference, is one of the most positive aspects we have left.
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Re: Wage Limits = Would you support a law like this
[Re: Atoler]
#1840595
09/09/16 05:15 PM
09/09/16 05:15 PM
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Joined: Oct 2001
Posts: 25,443
Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 25,443
Tampa
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I don't think there are alot of socialist on here. I think there are a heap of people on Aldeer that have never worked for a Fortune 500 or 1000 company, or any other publicly traded company, and been a part of what really goes on in those companies. If there are a bunch on here that have, they must be raking in the money to not think anything is wrong with the way wages are cast out.
I'm not for maximizing wages either, but none of it matters. If the government told every CEO and EVP of every public company in the USA they could pay a 0% corporate tax on earnings, and the government would pick up 100% of the employees healtchare, there is not 1 single executive that would pay their non executive employees 1 penny more. They would all salivate at the opportunity to pay themselves more, and increase the wealth of their shareholders. That's just the nature of wealth, and the history of America for those that don't start their own business, and work for someone else. I'd imagine there are a lot more people on here who have worked for one of those companies, than have worked their way up to an executive in one of those companies. If you think there is something wrong with the way wages are cast, at the company you work for, go work somewhere else. It really is 100% that simple. As to your second point. A ceo's one and only job is to maximize profits. That's what it boils down to, although there are tons of factors that include under that. There is a trade off on taking care of your employees. Don't take care of them enough (financially and incentives), your profit margin decreases. Do to much for them, and your profit margin decreases. I assure you that every ceo in this country understands this. How they choose to manage that, determines the amount of success they will have. But, once again, it all boils down to the employees ability to leave. That's the wonderful thing about our economy, and with all the government interference, is one of the most positive aspects we have left. Many CEO's are not much smarter than many of us. They aren't magicians. Your take on CEO's responsibility is wrong. - Risk Reward - long term vs short term goals - acquisitions - selling subsidiaries - managing competition (take a loss to drive a competitor out of business) etc I do think that you guys are thinking way too much mom/pop businesses where they have no control over government and manipulation of regulations.
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Re: Wage Limits = Would you support a law like this
[Re: Atoler]
#1840596
09/09/16 05:17 PM
09/09/16 05:17 PM
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Joined: Mar 2015
Posts: 1,595
Odenville, AL
Flyway
8 point
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8 point
Joined: Mar 2015
Posts: 1,595
Odenville, AL
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There is a trade off on taking care of your employees. Don't take care of them enough (financially and incentives), your profit margin decreases. Do to much for them, and your profit margin decreases. I assure you that every ceo in this country understands this. How they choose to manage that, determines the amount of success they will have. The free market has always been very capable of regulating itself.
Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? I know not what course others may take; but as for me, give me liberty or give me death! - Patrick Henry
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Re: Wage Limits = Would you support a law like this
[Re: Bait57]
#1840697
09/10/16 12:20 AM
09/10/16 12:20 AM
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Joined: Nov 2013
Posts: 2,424
Prattville Al.
capehorn24
10 point
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10 point
Joined: Nov 2013
Posts: 2,424
Prattville Al.
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I know everybody has their own opinion about being part of a union.
Me personally, I have grown up in the coalfields of Kentucky and Virginia. Seen many of men starve without the union and many thrive with it. From personal experience with family members and myself, I am proud to be a union member. I will happily fight for the union. Union dues suck I agree. But they pay off in the long run. Union member for 30yrs, are there issues? yes, do I always believe in their views? no, but they do pay off in the long run.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840698
09/10/16 12:53 AM
09/10/16 12:53 AM
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Joined: Nov 2001
Posts: 5,315
Greensboro,Al.USA
Geezer
12 point
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12 point
Joined: Nov 2001
Posts: 5,315
Greensboro,Al.USA
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If I agree to work for you for one dollar a year the government has no business telling you that you are not paying enough.
I am drinking from my saucer cause my cup has overflowed. Thank you Lord
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Re: Wage Limits = Would you support a law like this
[Re: Geezer]
#1840699
09/10/16 01:17 AM
09/10/16 01:17 AM
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Joined: Nov 2014
Posts: 489
St. Clair County
RoadRN
4 point
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4 point
Joined: Nov 2014
Posts: 489
St. Clair County
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If I agree to work for you for one dollar a year the government has no business telling you that you are not paying enough. This right here. Nobody in this country is forced to work for a specific company or in a specific job. If you're not happy with the way wages are distributed in your company, go somewhere else. If you don't possess the qualifications to get into whatever job you desire, go get yourself qualified. The only thing holding you back from making the kind of money you want to make is yourself.
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840708
09/10/16 01:59 AM
09/10/16 01:59 AM
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Joined: Feb 2013
Posts: 8,399
Atoler
14 point
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14 point
Joined: Feb 2013
Posts: 8,399
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I don't think there are alot of socialist on here. I think there are a heap of people on Aldeer that have never worked for a Fortune 500 or 1000 company, or any other publicly traded company, and been a part of what really goes on in those companies. If there are a bunch on here that have, they must be raking in the money to not think anything is wrong with the way wages are cast out.
I'm not for maximizing wages either, but none of it matters. If the government told every CEO and EVP of every public company in the USA they could pay a 0% corporate tax on earnings, and the government would pick up 100% of the employees healtchare, there is not 1 single executive that would pay their non executive employees 1 penny more. They would all salivate at the opportunity to pay themselves more, and increase the wealth of their shareholders. That's just the nature of wealth, and the history of America for those that don't start their own business, and work for someone else. I'd imagine there are a lot more people on here who have worked for one of those companies, than have worked their way up to an executive in one of those companies. If you think there is something wrong with the way wages are cast, at the company you work for, go work somewhere else. It really is 100% that simple. As to your second point. A ceo's one and only job is to maximize profits. That's what it boils down to, although there are tons of factors that include under that. There is a trade off on taking care of your employees. Don't take care of them enough (financially and incentives), your profit margin decreases. Do to much for them, and your profit margin decreases. I assure you that every ceo in this country understands this. How they choose to manage that, determines the amount of success they will have. But, once again, it all boils down to the employees ability to leave. That's the wonderful thing about our economy, and with all the government interference, is one of the most positive aspects we have left. Many CEO's are not much smarter than many of us. They aren't magicians. Your take on CEO's responsibility is wrong. - Risk Reward - long term vs short term goals - acquisitions - selling subsidiaries - managing competition (take a loss to drive a competitor out of business) etc I do think that you guys are thinking way too much mom/pop businesses where they have no control over government and manipulation of regulations. Everything you just listed, literally boils down to their job being to maximizing profits. Those would be some of the things I referenced that make up that simple goal. As to CEOs being smarter than us, in one of my previous posts in this thread, I referenced a mentor I had dinner with two weeks ago. His words were, to be highly successful (yes, that includes CEOs and executives) you have to work more 100 hour weeks than 50 hour weeks, and possess atleast average intelligence. There are tons of brilliant people who aren't ever going to make much money, and tons of average intellects, who will. Work ethic, is much more important than a brilliant mind. Society pays a person for their contribution. Contribute more, get paid more. Don't like the path you're on? Change paths. Don't wanna change paths? Stagnate...
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Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840712
09/10/16 02:15 AM
09/10/16 02:15 AM
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Joined: Jan 2014
Posts: 1,105
Covington county AL
Zzzfog
6 point
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6 point
Joined: Jan 2014
Posts: 1,105
Covington county AL
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In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year.
Meanwhile the average company worker salary had increased to $53000.
Let that soak in! Yeah seems fair to me.
Right and wrong will never change---only people's perception!
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Re: Wage Limits = Would you support a law like this
[Re: Zzzfog]
#1840716
09/10/16 02:20 AM
09/10/16 02:20 AM
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Joined: Dec 2014
Posts: 5,034
Northport, AL
Phil_Army
12 point
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12 point
Joined: Dec 2014
Posts: 5,034
Northport, AL
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In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year.
Meanwhile the average company worker salary had increased to $53000.
Let that soak in! Yeah seems fair to me.
Mr Socialist, If a guy can make $16million and still pay his employees $53k/year, what's the problem? I don't see your point. This is America, land of the free. Pissed about how much your CEO makes? Go find another job or become a CEO...
Broker/Owner and Area Representative for 1st Class Real Estate
2018's #1 Real Estate Agent according to the Tuscaloosa News
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Re: Wage Limits = Would you support a law like this
[Re: Zzzfog]
#1840720
09/10/16 02:26 AM
09/10/16 02:26 AM
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Joined: Feb 2013
Posts: 8,399
Atoler
14 point
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14 point
Joined: Feb 2013
Posts: 8,399
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In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year.
Meanwhile the average company worker salary had increased to $53000.
Let that soak in! Yeah seems fair to me.
Care to share a link on that? Because adjusted for inflation, $40k back then, has the buying power of $150-200k today. And yes, whatever the actual numbers, it is fair.
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