Oh? Like Rick Perry who wanted to cut the Dept. of Education entirely?

Supply and demand. There is way less supply of competent executives now than there is of average workers.

Yay Reagan Trumpnomics!!!

leftist? Do we have confirmation that he did not use his rightist to choke slam the reporter?

I think there’s a rampant ideology on the right that says that any $ sent to social programs is pure waste.

“less supply of competent executives...” = Bullshit.

There’s no legal or even corporate scandal, to be sure. You’re absolutely right that what he’s getting is the prevailing market standard for CEOs of large companies.

Yeah, people looked so far past his shitty qualities that it literally blinded them. Its pretty close to electing hitler so you can get better mortgage rates on your next house.

Not exactly true. There are quite a few low-level jobs where being fired would certainly follow you. In many states, simply having a teaching contract not be renewed can be a death sentence for a teaching career. That’s why teachers are often scared sh*tless about speaking out against administration abuses.

And there…

He also got a 2017 Ford GT. Chassis #2. Quite the prize for someone who’s not there anymore, particularly since they’re mostly rewarding loyalty with the buyer list...

Somewhat true in theory but with the pay these guys and girls make, you’d think you’d see more competency no?

Supply and demand would assume that this is a real free market. But the boards are composed of executives from other companies who then vote to raise each others’ salaries and limit competition in board elections.

As a result, we aren’t rewarding “competent executives”. We’re rewarding executives for being executives,…

There is way less supply of competent executives now than there is of average workers.

Except the problem is that the board of directors is made up primarily of executives from other companies who have a vested interest in inflating salaries, so they can also clamor for a hefty raise. The “I’ll scratch your back if you scratch mine” behavior among boards is very well documented.

And to make it even…

That’s why we need to cut healthcare and education !

Still, 58 millions is way more that what the average American will earn in his/her whole life.

It’s because making the rich much richer is supposed to benefit everyone by the magic of trickle-down economics.

While his compensation is in line with CEO’s of similar sized companies, it doesn’t explain why CEO’s make vastly more now compared to the average worker than the did 30 or 40 years ago.

“The first year I vote, I vote for Donald Trump,”

Neutral: Of Golden Parachutes