I'll take that 10% pay reduction and raise you another 40%. Now, if CEO's take a 50% pay reduction, they will still be making 250 X what they pay their workers. And the workers can all have a raise, free healthcare, and a pension. And the CEO still has enough for several mansions, a nice Yacht, and his membership at the Best Golf Clubs in the country.
Originally Posted by ducknwork
What would happen if the state prisons paid prison guards minimum wage? Would anybody work in a prison for minimum wage? The wage has to attract workers. Personally I think that being a high school teacher would be very unpleasant. I think being an engineer would be relatively stress free. If someone truely gets paid solely on what they know and not for putting up with manure, that is the best deal going.