74% of CEOs fear the consequences of an Obama Presidency

#28
#28
droski said:
i think it's a valid argument. why are we lumping all corporate executives in with the few bad apples?
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I don't think they are bad apples. They worked in a system where the rules favored them and that system might change. I'd throw everything out I could think of to stop that from happening too. Fair pay and accountability shouldn't just apply to the shop floor.
 
#39
#39
UT IE 95 said:
Jobs are created when a need arises. Companies that provide a product or service that people want will create jobs.
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That takes financial capital until the company is viable enough to generate a revenue stream. Guess where that capital comes from?
 
#40
#40
i guess the question is why we care about executive pay? 99% of the time it's the shareholders who eat it if they overpay an executive. the other 1% of the time where the govt ends up eating it (i.e. the freddie and fannies) add up to what? 10 mil? 20 mil at most? a utter drop in the bucket. who cares?
 
#41
#41
droski said:
i guess the question is why we care about executive pay? 99% of the time it's the shareholders who eat it if they overpay an executive. the other 1% of the time where the govt ends up eating it (i.e. the freddie and fannies) add up to what? 10 mil? 20 mil at most? a utter drop in the bucket. who cares?
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So increased tax costs are passed on the end consumer but overpaid executive costs are passed to shareholders?
 
#42
#42
UT IE 95 said:
Increasing the aptitude and attitude of the front line American worker that keeps the wallet of the guy upstairs full?
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that's absurd. The innovation that created the product that someone was willing to part with cash for is the piece that keeps wallets full, not the line employee. Many industries have proven that by increasing profits after using Chinese line employees.
 
#44
#44
BigPapaVol said:
that's absurd. The innovation that created the product that someone was willing to part with cash for is the piece that keeps wallets full, not the line employee. Many industries have proven that by increasing profits after using Chinese line employees.
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You can be the most innovative person in the world, but in a production environment it's the line worker creating the product - not the innovation.
 
#45
#45
UT IE 95 said:
So increased tax costs are passed on the end consumer but overpaid executive costs are passed to shareholders?
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if you're trying to pretend that the money paid to the executives would mirror that remitted to the gov't in taxes, then why waste the time. It's not enough money to amount to a bucket of piss relative to the plans Obama has in mind.
 
#47
#47
UT IE 95 said:
I repeat, consumers create jobs.
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I repeat, not without the ingenuity to provide something they're willing to pay for.

Your argument suffers a bit when India and China boast a full third of the world's people but fewer jobs than the US boasts.
 
#48
#48
UT IE 95 said:
You can be the most innovative person in the world, but in a production environment it's the line worker creating the product - not the innovation.
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then we should thank many chinese folks for making these corporate fat cats rich.

I frankly think the folks working at Ford would have been wasting their time had old man Ford not come up with his mass production scheme for the Model T, but call me crazy. Maybe they could have assembled daily and come up with a cure for cancer.
 
#50
#50
the bottom line is that the demand for the Rubik's Cube didn't come before the design and marketing of the Rubik's Cube. The people making them had nothing to do with that enormous demand. If those workers didn't show up to make them, someone else would have.
 
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