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originally posted by: Krakatoa
In a bear economy, that is what you get. Or, would you rather they pay someone 1/2 that is a worse CEO, that results in the company losing money and closing stores, which means more jobless? The work of a CEO means that one bad decision could bankrupt the company. If a barista makes one bad decision, they write the name of the customer wrong on the cup. Not quite the same impact I am afraid.
More false equivalencies.
originally posted by: TheRedneck
a reply to: 3NL1GHT3N3D1
Well, at least we have narrowed the problem down to comprehension and not lack of reading.
I care nothing for multi-million dollar homes either. My goals are quite different. I also make no excuses for politicians; they do nothing to help the economy. They don't create jobs (well, a few bureaucratic positions maybe), and they don't produce a product or service (unless you count harassment). That CEO that you despise and denigrate so much is at least responsible for making coffee (or whatever it is they make) for customers, and employing people. He is not responsible for the economic downturn; that's the politicians' fault. He isn't responsible for the number of unemployed people who will gladly work at Starbucks for minimum wage. He didn't make full-time employment so expensive he can't afford it any more. All he does is run the company as best he can.
Without him, Starbucks would likely not even exist. Without Starbucks, there would be no one here screaming bloody murder at him for something the politicians forced him into. Instead, we would be crying about the fact there are so few jobs, even less than there are now.
Every single employee took that job at a specified wage. They agreed to do the work; they agreed how much they would be paid. Not one was forced to come to work at Starbucks. Yet you and so many others apparently hate the guy who pays them.
I wish they could make more; I really do. I wish the economy were better and that businesses had to compete for good workers. I wish CEOs didn't demand such high wages while the average unskilled worker demands so little. But I don't blame the guy who at least gave them a job. I blame the people who made the policies that have given us such a terrible economy: the politicians.
But, it'll all work out in the end. As a poster previously said, soon automation will replace workers. Robots are efficient, don't complain, don't file lawsuits, don't take sick days off to go fishing, don't purposely slow down work because they're mad at their employer, and don't need health insurance. I will probably be one of those making the robots. I'm sure as I watch the last vestiges of a once-vibrant working force disappear into oblivion and see the third-world conditions here in the USA, I'll feel a lot of sympathy for the poor people who are suffering so badly. But I'm also sure I'll remember this discussion and a thousand more just like it where those same people told me how much they hated the people who gave them jobs.
You see, you're far from unique. Your attitude is actually quite common. Because of it, minimum wage will soon increase, probably to $15 per hour. When that happens, companies will lay off workers they can no longer afford, and some will go out of business. The few jobs that are left will not be enough to support even the fragile economy we have now, and that will mean more layoffs. Eventually we'll all be indigent, begging for anything on street corners until the laws are passed to make begging illegal. Then we'll all be in jail.
Well, not me if I can help it. Like I said, I'll probably be designing the robots. It's more productive than crying. If that makes me a bad person in your eyes, well... I can't change that. I'm going to protect me and mine first.
TheRedneck
originally posted by: ketsuko
a reply to: Pinke
So basically, you are saying that you expect ever CEO to be as good or better than you at your job and every other job in the company in order to be considered worth any pay?
Talk about unreasonably standards.
Do you think you need to be as knowledgeable about the jobs of everyone you interact with?
originally posted by: TheRedneck
a reply to: Aazadan
They are getting paid. They accepted a job at a specified hourly wage and an expected number of hours. When the wage went up, the company couldn't afford the hours. I'm sure they are still getting at least the minimum specified in their contract.
TheRedneck
It declined to give details but Starbucks spokeswoman Jaime Riley said it is not uncommon for Schultz to reach out to members of its 160,000-strong U.S. workforce. She also said no nationwide cutback in labor hours or jobs was underway at Starbucks stores.
Q4 Comp Sales Increase 8% Globally, 9% in the U.S.; Global Traffic Up 4% Q4 Revenues Jump 18% to a Record $4.9 Billion; Operating Income Up 13% to a Record $969 Million Q4 GAAP EPS Rises to a Record $0.43; Non-GAAP EPS Rises 16% to a Record $0.43 Per Share Company Issues Strong Outlook for Fiscal 2016 and Increases Global Comp Store Sales Targets Board of Directors Approves a 25% Increase in the Quarterly Dividend to $0.20 Per Share
originally posted by: onequestion
a reply to: Aazadan
The marke is far less conplicated than a casino but you need time energy and financial resources in order to be able to become even moderately adequate in order to invest in it
You need to be able to fail which average people cannot do
originally posted by: PhageFalse. The idea that someone has to lose something is not inherent in economics.
That would be true if there were a fixed standard. That's the main reason there isn't.
originally posted by: Phage
a reply to: Aazadan
There is only a finite amount of money in the pool at any given moment.
Are you talking about competition for the same market? Yes, someone generally does better than someone else in that case.
If one person captures a bigger slice of the pie, there is less for others to take.
originally posted by: TheRedneck
a reply to: onequestion
Rent: $0. I own my old trailer and the land it sits on. It's not much, but it's mine.
Water bill: $0. I have a well.
I paid for electricity, gas back and forth to work/school (and made trips count extra whenever possible), and toiletries.
I also learned to "hyper-mile."
I do all my repairs myself. I probably spent about $200 on repairs during the last 3 years, for parts.
We have kerosene heat, barely enough to keep the water pipes from freezing in the dead of winter.
Battle of the overpass: Henry Ford, the UAW, and the power of the press