Quote: Under the Bush Administration, comparable CEOs have come to give themselves 600 to 1,000 times larger annual compensations than their rank-and-file employees whose pay has stagnated. To pay for such self-dealt compensations, corporate aristocrats layoff their workers, cut ordinary employees’ health benefits, and outsource jobs abroad. Under the Bush Administration, over five million Americans have lost their health benefits, and the U.S. has lost over 2.7 million quality manufacturing jobs.
I agree with this. Read USA Today last week about pay for top 100 corp ceo's. Guy from United Technologies gets $98 million per year while laying off employees and outsourcing.
Carla Fioni(sic) screwed up Hewlett Packard financially and received a $21 million dollar severence package. Should have got a boot up her backside.
So how's that Bush's fault??
Yoshi would have just blamed Bush and said we should sell all the companies to the japanese.
Did I forget to mention, he also has a japanese supiority complex, and one of the reasons "japan is thriving" and "America is falling behind" goes back to his anti-american/pro japanese nationalism tendency's. He is though, pro-free trade.
While I assume these statistics are correct, what does that have to do with the Bush Administration? It's not the job of the President to tell corporations what to pay people. If corporations overpay execs (an opinion), then the employees and stockholders should rise up against it.
The last thing I want is our government investigating and dictating wages of anyone. It's bad enough with the stupid minimum wage laws.