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a kennedy

(36,140 posts)
Thu Apr 23, 2026, 09:36 PM Thursday

Gawd I love Robert Reich......

CEO-to-worker pay ratio in 1965: 20-1

CEO-to-worker pay ratio in 1990: 75-1

CEO-to-worker pay ratio today: 280-to-1

Trickle-down economics was always a sham.

Nothing has ever trickled down.

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Gawd I love Robert Reich...... (Original Post) a kennedy Thursday OP
But we've sure been PISSSED ON! lastlib Thursday #1
Thanks Robert......trickle down my ass. a kennedy Thursday #2
Because the great majority of corporate tax cuts Disaffected Thursday #3
Kick BlueWaveNeverEnd Thursday #4

Disaffected

(6,497 posts)
3. Because the great majority of corporate tax cuts
Thu Apr 23, 2026, 09:57 PM
Thursday

have in recent years gone not to investment in manufacturing and employment but to stock buybacks, dividends and executive pay mainly in the form of stock purchase options. It is insidious - executive pay is strongly linked to stock price so the incentive is to spend tax savings on those stock buybacks and dividend increases.

Hence the obscene, ever-increasing ratios between executive and worker pay. That plus these execs sit on each others boards of directors (who determine pay levels) so the relationship is incestuous as well.

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