AIG

Shawnee123 · 05-14-2009, 12:51 PM

Government regulates the "lowest" wage a company can pay a person. You (and correct me if I'm wrong) seem to have an issue with government regulating "top pay." Both concepts are designed to protect the person who is NOT making 50 katrillion dollars a year and don't have a 40 katrillion nest egg to fall back on: the former by not letting a company getting away with paying a buck fifty an hour, the latter by ensuring that the top pay scales do not jeopardize the viability of the company and therefore protecting the lowest paid employees from paying for the extravagance of the top paid employees who, let's face it, don't really give a shit if the company crumbles...there are more to be had.

Not saying I agree with the concept either, but it's food for thought when you worry about government regulations of wages. If a minimum wage had never been devised, how many of those big companies would pay their "people in the trenches" even less? If regulation of top wages does not occur, how much farther does the gap become, thereby making the lowest paid wages worth even less?

05-14-2009, 12:51 PM	#11
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	Government regulates the "lowest" wage a company can pay a person. You (and correct me if I'm wrong) seem to have an issue with government regulating "top pay." Both concepts are designed to protect the person who is NOT making 50 katrillion dollars a year and don't have a 40 katrillion nest egg to fall back on: the former by not letting a company getting away with paying a buck fifty an hour, the latter by ensuring that the top pay scales do not jeopardize the viability of the company and therefore protecting the lowest paid employees from paying for the extravagance of the top paid employees who, let's face it, don't really give a shit if the company crumbles...there are more to be had. Not saying I agree with the concept either, but it's food for thought when you worry about government regulations of wages. If a minimum wage had never been devised, how many of those big companies would pay their "people in the trenches" even less? If regulation of top wages does not occur, how much farther does the gap become, thereby making the lowest paid wages worth even less? __________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

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