- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Should GM open all new plants in the U.S.?
Posted on 9/22/19 at 8:00 pm to Hangit
Posted on 9/22/19 at 8:00 pm to Hangit
quote:
This is correct. But if all companies paid reasonable money to their CEO's, then there is nowhere to bail to. Because I am pro-capitalism, I do not think this should be law. I think it should be done because it is the right thing to do
Pay caps (government mandated or self imposed) limit motivation.
The scenario you are describing doesn't exist. It's like saying communism would be great if everyone maintained their same work ethic and motivations.
0
Posted on 9/22/19 at 8:02 pm to BurningHeart
quote:
What is the cutoff that constitutes inequality, and what should be done about it?
The first part is a fair question and I don’t know the answer. But it does exist at levels never seen before in our country. IF we don’t find a way for capital to be distributed throughout the market, we will get socialism. Which I oppose but will happen even more than it is now.
The second part, IMO, involves deregulation which hampers small business and competition in the market. I would get rid of unfair tax practices. I think most of what I mentioned is orchestrated by lobbying and political contributions to prevent competition.
Posted on 9/22/19 at 8:06 pm to hottub
quote:
The second part, IMO, involves deregulation which hampers small business and competition in the market. I would get rid of unfair tax practices. I think most of what I mentioned is orchestrated by lobbying and political contributions to prevent competition
I am for doing all of this, but I don't think it has a significant impact on the wealth gap.
The truth is that increasing wealth gaps are an inherent part of a capitalistic society.
The more money you have, the easier it is to make more. And those with wealth are typically smarter and make better decisions for the long term.
Posted on 9/22/19 at 8:06 pm to Cycledude
Yeah they should but won't. If anything more production will be moved to China and eventually Vietnam.
Posted on 9/22/19 at 8:17 pm to yellowfin
quote:
What’s your opinion on pro athletes? College football coaches? Actors/actresses?
I think it is ridiculous too. It is a business though and the market creates Jimbo contracts. It pays what the market allows.
In 1965, CEO's made 20 times what the average employee made. It topped out at 376 to 1 in 2000. It had slowed down some in 2014 and was 303 to 1. In 2018 it had jumped to 361 to 1. These figures are for the top tenth of a percent earning CEO's.
Posted on 9/22/19 at 8:23 pm to Hangit
quote:
Barra’s pay package included a salary of $2.1 million, unchanged from 2017; stock awards worth almost $11.1 million; options worth more than $3.4 million and a performance award worth almost $4.5 million, according to the proxy.
Not all of her salary is cash as shown above.
She is overpaid however, as I don't think she's doing a very good job.
Posted on 9/22/19 at 8:28 pm to Hangit
quote:
It is a business though and the market creates Jimbo contracts. It pays what the market allows.
Same with the CEO of GM
Posted on 9/22/19 at 8:30 pm to Cycledude
quote:My house on the same sized lot overlooking the Pacific at Pebble Beach would be worth about 15 times it’s present value where I’m presently located.
The Toyota CEO in Japan made the equivalent of 1.1 million. I doubt the CEO at GM is worth that much more than Toyota’s.
Your logic says I should expect to pay the same for a house no matter where it’s located.
Posted on 9/22/19 at 8:32 pm to Hangit
quote:
The lady in charge at GM makes $22 million per year. That is kind of immoral already. I know the big guns get paid these kinds of numbers but is anybody really worth that?
I don’t think she’s worth $22M but I hate it when people bring “morality” into the equation when speaking of CEO pay. Just say she’s overpaid.
Posted on 9/22/19 at 8:35 pm to biglego
quote:
Just say she’s overpaid.
She's overpaid.
It is not illegal. What does that leave?
Posted on 9/22/19 at 8:36 pm to Hangit
Why should I care about CEO pay relative to an “average” employee? It’s a made up metric with very little value. I’m not concerned with how much senior leaders are paid as long as they are doing their job well. The average employee comment is just envy.
Posted on 9/22/19 at 8:39 pm to Hangit
quote:
She's overpaid
In your opinion. In the opinion of the people that actually approve her pay, she is sufficiently paid.
If an organization is willing to pay an individual X amount yet you think X amount is too high....then it’s more likely that you are incorrect. The organization has more information and more incentives to reduce expenses than someone with an outside perspective.
Posted on 9/22/19 at 8:39 pm to Cycledude
Shame on us for bailing them out in the first place.
Posted on 9/22/19 at 8:41 pm to Cycledude
Yes. Next question
Posted on 9/22/19 at 8:44 pm to yellowfin
quote:
I’d move every plant out of the us unless unions went away
There is a reason Toyota, Mercedes, Nissan, Mazda, Kia etc are building plants in right to work states and doing fine, no reason for GM to leave the US, just move production down south.
Posted on 9/22/19 at 8:53 pm to Hangit
quote:
The lady in charge at GM makes $22 million per year. That is kind of immoral already.
You’re worth whatever someone is willing to pay you.
Your mindset about this would make Bernie proud.
Posted on 9/22/19 at 8:56 pm to LessofLes
quote:
You’re worth whatever someone is willing to pay you.
Unless you are an union employee.
Posted on 9/22/19 at 9:16 pm to LessofLes
quote:
Your mindset about this would make Bernie proud
So you have not read any of the other things where I said I didn't want it to be law, or you just wanted to come in and be a dick?
Posted on 9/22/19 at 10:07 pm to Hangit
quote:
The lady in charge at GM
Hmmmmmm, I am shocked that someone might think her decisions might be effected by SJW ideology
Posted on 9/23/19 at 5:57 am to Hangit
quote:
I am all for capitalism but one person siphoning so much out of a company is immoral.
Bet you’d feel differently if you were the one getting paid that salary
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News