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Growth in net interest income at the bank, pegged at 3% for 2019 in April, may now be closer to 1%, Bank of America CFO Paul Donofrio tells analysts.
originally posted by: eXia7
Try starting your own business and present a quality service/product and I'm sure your economy won't suck.
I'm now running 2 businesses and they are both growing just fine. The main problem is finding qualified able bodied workers who aren't on drugs or living on the dole.
originally posted by: DBCowboy
a reply to: KnoxMSP
Why brag about a work ethic?
Doesn't everyone have one?
As for two parents working, I'm the only one who works, my wife home-schools and takes care of everything so I can concentrate on work.
We adjust our lifestyle for one salary.
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: SeaWorthy
I thought they meant gap between income and expense?
Actually meant more like;
In the 1950s, a typical CEO made 20 times the salary of his or her average worker. Last year, CEO pay at an S&P 500 Index firm soared to an average of 361 times more than the average rank-and-file worker, or pay of $13,940,000 a year, according to an AFL-CIO's Executive Paywatch news release today. May 22, 2018
But that goes hand in hand. The average american has less purchasing power with their wages, compared to almost anytime in history, and COL is higher than ever.
We live in the Corporatocracy of America now. Big business makes the rules, and tells you the numbers, and if you don't like it, there's the door, we will find someone to fill your shoes, or ship your job to (insert even lower avg wage country here).
The typical CEO today is running a much larger global enterprise than companies in the 50s.... CEO compensation is also more equity based with stock options. Few CEOs make $14 million in salary. CEO comp can vary wildly from year to year based on stock options. Most make salaries of $1 - $3 million. Stock does well an they get a huge windfall in a year.
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: LSU2018
a reply to: KnoxMSP
I looked up "wage gap" and it expressed the gap between men and women.
Look around, almost nobody goes in search of a small house from the 50's. They always top out at the biggest they can afford.
What does your search for wage gap have to do with anything? Respond to my clarification.
Where are your statistics, and empirical data to back up your "look around" claim?
There is this search tool called Google.... look up size of average houses over time. Houses nowadays are twice as large as they were in the 40s and 50s. People used to raise families in 1000-1500 square foot homes with 1 bath. Now everyone wants 3,000 square feet with 2 & 3 car garages. 3 baths. Etc...
originally posted by: KnoxMSP
originally posted by: DBCowboy
a reply to: KnoxMSP
Why brag about a work ethic?
Doesn't everyone have one?
As for two parents working, I'm the only one who works, my wife home-schools and takes care of everything so I can concentrate on work.
We adjust our lifestyle for one salary.
Again, what is your point? Do you have anything to contribute, or just tell people to just make due with the #ty hand the elites handed out.
originally posted by: DBCowboy
originally posted by: KnoxMSP
originally posted by: DBCowboy
a reply to: KnoxMSP
Why brag about a work ethic?
Doesn't everyone have one?
As for two parents working, I'm the only one who works, my wife home-schools and takes care of everything so I can concentrate on work.
We adjust our lifestyle for one salary.
Again, what is your point? Do you have anything to contribute, or just tell people to just make due with the #ty hand the elites handed out.
Again, too many people, like yourself, blame "the elites" for your financial problems.
Perhaps you should be looking at a mirror instead.
originally posted by: KnoxMSP
originally posted by: eXia7
Try starting your own business and present a quality service/product and I'm sure your economy won't suck.
I'm now running 2 businesses and they are both growing just fine. The main problem is finding qualified able bodied workers who aren't on drugs or living on the dole.
Again, economics 101. It takes principal to start a business.
originally posted by: DBCowboy
a reply to: KnoxMSP
This is where you fail, again.
I'm not giving "the elite" a pass on anything.
But I take responsibility for my family's' financial health.
Regardless of what the economy is doing, I intend to succeed. I won't sit and cry and place all the blame on "the elites".
originally posted by: eXia7
originally posted by: KnoxMSP
originally posted by: eXia7
Try starting your own business and present a quality service/product and I'm sure your economy won't suck.
I'm now running 2 businesses and they are both growing just fine. The main problem is finding qualified able bodied workers who aren't on drugs or living on the dole.
Again, economics 101. It takes principal to start a business.
Yeah, money most people could have if they wouldn't waste it, or could use their brain power for more than fakebook to try and earn a dollar.
originally posted by: KnoxMSP
originally posted by: LSU2018
a reply to: KnoxMSP
I looked up "wage gap" and it expressed the gap between men and women.
Look around, almost nobody goes in search of a small house from the 50's. They always top out at the biggest they can afford.
What does your search for wage gap have to do with anything? Respond to my clarification.
Where are your statistics, and empirical data to back up your "look around" claim?
originally posted by: KnoxMSP
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: SeaWorthy
I thought they meant gap between income and expense?
Actually meant more like;
In the 1950s, a typical CEO made 20 times the salary of his or her average worker. Last year, CEO pay at an S&P 500 Index firm soared to an average of 361 times more than the average rank-and-file worker, or pay of $13,940,000 a year, according to an AFL-CIO's Executive Paywatch news release today. May 22, 2018
But that goes hand in hand. The average american has less purchasing power with their wages, compared to almost anytime in history, and COL is higher than ever.
We live in the Corporatocracy of America now. Big business makes the rules, and tells you the numbers, and if you don't like it, there's the door, we will find someone to fill your shoes, or ship your job to (insert even lower avg wage country here).
The typical CEO today is running a much larger global enterprise than companies in the 50s.... CEO compensation is also more equity based with stock options. Few CEOs make $14 million in salary. CEO comp can vary wildly from year to year based on stock options. Most make salaries of $1 - $3 million. Stock does well an they get a huge windfall in a year.
So you dont call it a salary, call it total earnings from employment. You are arguing semantics.
The gross overpayment of these people is not justified by the size of the companies. By in large, when the companies grow like this, they also add jobs/titles to manage the increase in size. So yes, a pay increase is expected, but not the exorbitant packages they get today.
I come from corporate. I sold 55mil/yr in product, ran the state of TN by myself, for almost a decade. I know I was not paid my fair share (even 1% commish would be 550k), while my CFO and CEO made bank, for partying, and only working when absolutely neccessary.
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: SeaWorthy
I thought they meant gap between income and expense?
Actually meant more like;
In the 1950s, a typical CEO made 20 times the salary of his or her average worker. Last year, CEO pay at an S&P 500 Index firm soared to an average of 361 times more than the average rank-and-file worker, or pay of $13,940,000 a year, according to an AFL-CIO's Executive Paywatch news release today. May 22, 2018
But that goes hand in hand. The average american has less purchasing power with their wages, compared to almost anytime in history, and COL is higher than ever.
We live in the Corporatocracy of America now. Big business makes the rules, and tells you the numbers, and if you don't like it, there's the door, we will find someone to fill your shoes, or ship your job to (insert even lower avg wage country here).
The typical CEO today is running a much larger global enterprise than companies in the 50s.... CEO compensation is also more equity based with stock options. Few CEOs make $14 million in salary. CEO comp can vary wildly from year to year based on stock options. Most make salaries of $1 - $3 million. Stock does well an they get a huge windfall in a year.
So you dont call it a salary, call it total earnings from employment. You are arguing semantics.
The gross overpayment of these people is not justified by the size of the companies. By in large, when the companies grow like this, they also add jobs/titles to manage the increase in size. So yes, a pay increase is expected, but not the exorbitant packages they get today.
I come from corporate. I sold 55mil/yr in product, ran the state of TN by myself, for almost a decade. I know I was not paid my fair share (even 1% commish would be 550k), while my CFO and CEO made bank, for partying, and only working when absolutely neccessary.
Yes, some are over paid, but I can say that about any profession. CEO salaries are driven by competition and boards of directors/shareholders. If you don't like what a CEO makes, buy some shares in the company and vote against the boards authorizing their compensation packages.
originally posted by: KnoxMSP
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: Edumakated
originally posted by: KnoxMSP
originally posted by: SeaWorthy
I thought they meant gap between income and expense?
Actually meant more like;
In the 1950s, a typical CEO made 20 times the salary of his or her average worker. Last year, CEO pay at an S&P 500 Index firm soared to an average of 361 times more than the average rank-and-file worker, or pay of $13,940,000 a year, according to an AFL-CIO's Executive Paywatch news release today. May 22, 2018
But that goes hand in hand. The average american has less purchasing power with their wages, compared to almost anytime in history, and COL is higher than ever.
We live in the Corporatocracy of America now. Big business makes the rules, and tells you the numbers, and if you don't like it, there's the door, we will find someone to fill your shoes, or ship your job to (insert even lower avg wage country here).
The typical CEO today is running a much larger global enterprise than companies in the 50s.... CEO compensation is also more equity based with stock options. Few CEOs make $14 million in salary. CEO comp can vary wildly from year to year based on stock options. Most make salaries of $1 - $3 million. Stock does well an they get a huge windfall in a year.
So you dont call it a salary, call it total earnings from employment. You are arguing semantics.
The gross overpayment of these people is not justified by the size of the companies. By in large, when the companies grow like this, they also add jobs/titles to manage the increase in size. So yes, a pay increase is expected, but not the exorbitant packages they get today.
I come from corporate. I sold 55mil/yr in product, ran the state of TN by myself, for almost a decade. I know I was not paid my fair share (even 1% commish would be 550k), while my CFO and CEO made bank, for partying, and only working when absolutely neccessary.
Yes, some are over paid, but I can say that about any profession. CEO salaries are driven by competition and boards of directors/shareholders. If you don't like what a CEO makes, buy some shares in the company and vote against the boards authorizing their compensation packages.
Yea, totally feasible. When these companies have devalued our dollar so far, kinda hard to come up with investment principal.
These corps are making record high profit margins, have record high compensation packages, and then pay record low wages, and employee benefits. What world are you living in?