Someone really needs to explain WHY some of these people think they NEED a $30 MILLION a year OR MORE compensation package. Exactly WHAT THE HELL do they do with THAT MUCH MONEY? Leave it to their kids I’m not saying that someone who has built a successful business doesn’t deserve a decent reward for his effort, but COME ON, People… they haven’t figured out that if they pay a decent wage, and keep jobs here at home, more people will have jobs and more liquid assets to spend, meaning MORE profits for their companies, which can lead to higher wages, and more sales…and more profits. It really CAN work that way…
And YES, even Republicans realized this, years ago. From a Speech given by Republican Senator Daniel J. Morrell of Pennsylvania, in 1866: “The American workingman must live in a house, not a hut; he must wear decent clothes and eat wholesome and nourishing food. He is an integral part of the municipality, the State, and the Nation; subject to no fetters of class or caste; neither pauper, nor peasant, nor serf, but a free American citizen. He has the ballot, and if it were possible it would be dangerous to degrade him. The country stands pledged to give him education, political power, and a higher form of life than foreign nations accord their laborers, and he must be sustained by higher rates of wages than those of Europe. Our industries operated by American citizens must be freed from foreign interference and organized into a distinct American system, which will exact some temporary sacrifices but result in general prosperity and true national independence. In maintaining diversified industries we utilize every talent, provide a field for every capacity, and bind together the whole people in mutual dependence and support, assuring the strength and security of our Republic.”
Someone really needs to explain WHY some of these people think they NEED a $30 MILLION a year OR MORE compensation package. Exactly WHAT THE HELL do they do with THAT MUCH MONEY? Leave it to their kids I’m not saying that someone who has built a successful business doesn’t deserve a decent reward for his effort, but COME ON, People… they haven’t figured out that if they pay a decent wage, and keep jobs here at home, more people will have jobs and more liquid assets to spend, meaning MORE profits for their companies, which can lead to higher wages, and more sales…and more profits. It really CAN work that way…
And YES, even Republicans realized this, years ago. From a Speech given by Republican Senator Daniel J. Morrell of Pennsylvania, in 1866: “The American workingman must live in a house, not a hut; he must wear decent clothes and eat wholesome and nourishing food. He is an integral part of the municipality, the State, and the Nation; subject to no fetters of class or caste; neither pauper, nor peasant, nor serf, but a free American citizen. He has the ballot, and if it were possible it would be dangerous to degrade him. The country stands pledged to give him education, political power, and a higher form of life than foreign nations accord their laborers, and he must be sustained by higher rates of wages than those of Europe. Our industries operated by American citizens must be freed from foreign interference and organized into a distinct American system, which will exact some temporary sacrifices but result in general prosperity and true national independence. In maintaining diversified industries we utilize every talent, provide a field for every capacity, and bind together the whole people in mutual dependence and support, assuring the strength and security of our Republic.”