Why are we talking about whether paying fast food workers a better wage will drive up the cost of a Big Mac instead of asking how much McDonald's CEO's $17.8M salary is driving up the cost?
@rbreich
Not to mention the stock buybacks
Indeed. If McDonalds' CEO's compensation is mostly in the form of a taxable salary, that would be extremely unusual. That's not how oligarchs compensate themselves in this country.
@pieist @SaftyKuma @rbreich fine, why aren't the line employees getting stock then?
@darwinwoodka
Er, I suspect you haven't taken my meaning, or are expecting me to defend something I've no wish to defend.
@pieist I'm just saying if we want to compensate CEOs with stock the employees should have an ESOP as well. ;^)
@darwinwoodka It's pretty much the only way to get ahead. Wages alone are a treadmill. Which is of course the way the boss-man likes it.
