stahrgazer wrote:
Now that owners of companies have decided they should get 400x the salary of the lowest employee (it used to be more like 10x) companies can't afford more employees
So then the company just stops growing right? Oh yeah, I see that all the time. A business owner who makes 400x the salary of their lowest employee has NO DESIRE AT ALL to make more money.
Obviously, the model the company follows is very profitable. Replicating a profitable model that you built yourself is the easy part. Jobs are created out of thin air. Do you realize all the healthcare that is provided, all the taxes generated, all the pride garnered from having a job and making a living for yourself and your family, all the money that is available now that wasn't before and can be used at other businesses. That's how you grow an economy and jobs.
The truth is, the successful model on year 1 pays x wages, x taxes, x education, x insurance premiums, x insurance, x workers comp, x licensing x profit x matching social security contributions x medicare x state taxes x local taxes x lawyers fees etc.... The model works good enough for the owner to reap huge profits (400x right? Sounds like a lot of jobs too) but then the next year, taxes go up, healthcare goes up, wages go up...the model is compromised. It may still be profitable, but it will not be able to grow as fast as it would have or run as efficiently. "Do more with less" comes to mind.
You should worry more about your own greed in forcing everyone else pay for your healthcare, and less about the greed of the person who is creating all the jobs.
stahrgazer wrote:Today's seniors have had it made their entire lives, compared to today's middle-aged and youths. Today's seniors had employer-based healthcare, usually 100% employer-paid, for most of their working careers; got to work for most of their productive pre-retirement lives, and got full social security as early as age 62, plus medicare.. both of those things were designed to pay for 7-10 years, but seniors with medical care began living 30-40 years more, which is why the system is bankrupting the country.
Yeah but then the 60's happened and America leaned more and more socialist and now the government has their hands so deep in companies pockets and so overburdened with regulations that it's impossible to "have it made your entire life"