glenn1
Lifer
- Sep 6, 2000
- 25,383
- 1,013
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Not a legit question. Poverty is too subjective a term. America HAS eliminated starvation and is on the way to universal health care.
A great step towards more equitable income distribution would be to limit CEO salaries by law to 30 times the average salary of their employees.... that was the distribution in the 50s/60s when unions made this country great.
Why do that when we can just offshore all the low-wage employees instead? Even if you did get this passed, all the industries with scads of low-wage employees would reorganize to corporate structure so that only a small core of higher paid employees were left, with the rank and file put into an independent subsidiary. Think of a bank holding company arrangement, but for fast food workers with the execs in the "real" company and everyone else dumped off. The idea that you'd get top-tier executive C-suite talent at salaries in the very low 6 figures is fucking laughable and only a moron would suggest it.
