I think the CEOs should be required to resign before they receive any money from the government. They are to blame for the situation their companies are in. Would your boss accept the same kind of poor performance from you? Would they make you one of 50 people to share $30 million in bonuses for your poor performance.
While the average worker does receive above average pay and benefits why should they be penalized to take pay cuts for poor judgments made at the top of the company including giving the unions contracts that the company could not afford. Taking away much of the obscene pay rates, perks and bonuses that the top execs enjoy would enough to keep the pay rate of the average worker where it is now as this money will be spent and benefit our economy rather than being put in some rich executives bank account to leave to his heirs.
Used Cars
· 1 year ago
This was a fascinating look at the current state of the industry and all that is going wrong. I'm not really sure who is even to blame any more, but it is clear that something really needs to be done. Thanks for your insight!
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While the average worker does receive above average pay and benefits why should they be penalized to take pay cuts for poor judgments made at the top of the company including giving the unions contracts that the company could not afford. Taking away much of the obscene pay rates, perks and bonuses that the top execs enjoy would enough to keep the pay rate of the average worker where it is now as this money will be spent and benefit our economy rather than being put in some rich executives bank account to leave to his heirs.