What would be the misinformation? A typical working family in the 1970 could survive and feed their family. Today, a working family barely make enough money to pay for rent.

If CEO deserve their pay (hypothetically) then why would the employee not equally get higher salary increase?

Please explain how business have not, at least in the last 30 years, focused on gaining high profit for shareholders and care very little of the consumer or the workers.

A CEO goal is not to serve the board to the point of ripping a business apart. In that same breath, a Board should actually be held accountable to not pillage companies to simply increase their already big portfolio…

If this was true…Nd I wouldn’t be surprised that he would sya such a thing as… Making profit for the share holders. Is justified even if ruthlessly done…

I remember watching a documentary, it may have been Robert Reich that was explaining how businesses in the 1970’s made profits but the difference between the owner and the employee was high but still within a certain logic. Companies still had the philosophy that you should keep your employees for 30 years and treat them with a certain respect whereas today… A lot of big business are there for the shareholder and screw the employee. They are selfish anyway… Wanting more than minimal salary 🙄

Then again, I love reading Robert Reich… https://robertreich.substack.com/p/the-paid-what-youre-worth-myth

And yet another good article : https://robertreich.substack.com/p/if-bosses-are-raking-it-in-shouldnt

Look… It’s not the tequilas fault you chose bad beer… 😂

I was saying fair point that China today is not that of the 70’s …

There is a corrupt rich class in China and the communist party is struggling to “harmonize”

Then again, I would not wish to Be the leader of a billion people… It’s not easy decision for sure…

Yup, this is the comment to be remembered for the 2028.100%agreed

Fair point👍

None taken, however my comment and yours can both be true which is my concern…

From various reports it would seem that President Biden is quite a nasty little thing that, with his wife, have a very overinflated view of themselves… (what président doesn’t I guess) however he has been vindictive for being ousted for the president debste(which was a no brainer…) and honestly I truly believe that he did on purpose to tank Harris.

She has herself to blame for sure however, even Bill Clinton through his speach about the middle eastern conflict stired up the wrong tone…

The democratic party is in need to a cleanup… Then again I would say the same of the republican as well as they are under the leadership of a loon… (thinking of Black Adder with King George III)

Let’s face it for elites… They are not American, they are Elites that use America as their playground … The Biden tanked the Harris campaign out of spite and don’t care who gets in as it doesn’t really affect them.

These are extremely rich people… Unless we are in Red China, they have nothing to fear