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| subject: | Re: Merry |
From: "Mark"
"Ellen K." wrote in message
news:nm0kr19p93b243egjcu6c9l32r6poduupu{at}4ax.com...
> What do you think is a fair ratio of CEO pay to the lowest-paid folks in
> a company?
Based on his desired outcome I'd imagine Tony would go with 1:1, we're all
equal communists after all.
A scenario occurs to me though, I think up an idea, let's say a "pet
rock" I hire my next door neighbor's kid to go collect rocks for five
cents apiece, then I hire my other next door neighbor's kid to assemble
boxes to put the rocks in for five cents apiece. Both kids were busy
playing video games and were ecstatic at having an opportunity to make a
few nickels for not doing very much -- happy, happy, joy, joy for them.
That I'm planning on selling the completed package for $1 is not really of
concern to them, if they didn't feel the nickel was sufficient compensation
they'd keep playing video games instead.
Then the neighbor's kid across the street sees the other kids coming in and
out of the garage and wanders on over to see what's happening. I offer him
a nickel a package to carry them on over to the post office for mailing,
but he declines as he's way too busy with his paper route and lawn mowing
jobs, but wonders if I could use some capital to keep things going and
comes up with some bucks from his current endeavors for a piece of the
future pie that has not yet materialized.
I accept as I've been laying out a lot of nickels with zero income to date.
He wins or loses because he's taking a risk. If "we're"
successful he makes out really well, if not he loses his investment, the
other two kids are guaranteed their nickel though -- and they certainly
aren't entitled to a dime after the fact just because "we" were
successful, nor are they obliged to give back their nickels if
"we" fail.
None of the above ever even gets started in the communist model that so
many lefties pine for. The "money for nothing" mind-set is a
recipe for failure, as we see continually.
>
> On Mon, 02 Jan 2006 12:25:06 -0800, Tony Williams
> wrote in message :
>
>>How about we all chip in a little? Those of us with more money can pay
>>higher taxes to redistribute the wealth to where it's needed most. Or
>>maybe we could do something about the difference in pay rates between
>>upper management and the rest of the workforce? I find it hard to
>>believe that any CEO is worth more than the rest of the workforce put
>>together.
>
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