"We can't afford to raise the minimum wage?
But we can always afford a big pay increase for the CEO. Always. Even when sales are down for the year.
McDonald's Corp. more than tripled the pay packages last year for its new CEO Don Thompson and the man he replaced, Jim Skinner.McDonald's gave a $9 million dollar raise recently to their new CEO. $9 million dollars that didn't "Trickle Down", $9 million dollars that didn't help workers at McDonald's unless they have a second, better paying job as a waiter at the nicer restaurants the CEO of McDonald's goes to. McDonald's can't afford paying their workers enough to climb out of poverty but just happened to find $9 million lying around to give to their CEO. The golden arches are actually golden parachutes too.~snip~
McDonald's, based in Oak Brook, Ill., gave Thompson a package worth $13.8 million, up from the $4.1 million he received in 2011, according to a regulatory filing made Friday.
Skinner's pay meanwhile rose to $27.7 million from $8.8 million the year before, reflecting a $10.2 million payment as part of his retirement under his contract agreement.
Over the last 40 years this has been the trend. Worker's wages stagnate but for some reason CEO salaries go through the roof. The result is growing poverty. No one who works full time should be poor. No one.
And yet these CEO's then proceed to lecture us about being lazy and how they can't afford raises this year, maybe next year, and the stock markets rise and the CEO salaries rise but the rest of us will just have to wait.
But the CEO never has to wait. He always gets his raise. Always.
Over the last few decades the CEO's of corporate America have made themselves filthy rich by paying themselves instead of labor. The boss gets a raise, you don't. You are lucky just to keep your job. Any profit made goes straight to the wealthiest 1% and stays there.
And if you complain they call you a socialist.
If you notice the 800 lb CEO in the room, they say you hate capitalism.
We all have to ignore how rich the rich have become in order for the never ending austerity brigade's working class death march to make any sense.
Because you must suffer so that record corporate profits can live."
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