What they hate is unions, or anyone attempting to help the "little man", they hate the minimum wage.....because in their world, we are nothing to them but employees.....who should bow before them and pray they give us an "honorable" wage and should just be happy we have a job.......while their executive buddies get multi-million $$$ golden parachute retirement packages.....all while they pull the health insurances and retirement benefits from the workers......
See this is the type of Leftist post that is loaded with emotion but not supported by the facts of economic reality in the free market.
Minimum wages are not driven by arbitrary numbers. They are based on the labor pool's worth in the free market (unless Government steps in and mandates wages higher than the labor is worth). When Government does get involved, it only makes labor more expensive and thus services cost more and the end result is less people with entry level skills can be hired and businesses that depend on entry level labor can't grow. (Small businesses drive more than half of our hiring)
Unions are fine, as long as they do not force the companies they depend on for their wages into fiscal insolvency. Again labor and wages are determined by an individual's net worth to the company, and that is primarily determined by how valuable the worker's skill sets are. Unions often demand arbitrary wages across the board for all workers regardless of an individual's competence or skills or productivity and that means less workers can be hired or those who are needed are often times paid more than their labor skills are worth. This puts pressure on the company's bottom line because without profits, no company stays open for long.
What is an "honorable" wage? when I delivered newspapers as a tyke I thought my 2.50 a week I earned in 1967 was "honorable". No one gave it to me, and I earned it. Yes that's not much money, but for a 10 year old kid who was essentially poor it sure bought a lot of penny candy for me every week. How hard is it riding a bike slinging newspapers? It was worth 2.50 cents a week, and I was happy to get it.
Executive compensation is based on many factors, but the bottom line is no one can arbitrarily set a limit on those remunerations nor should they. Executive management gets paid for the value they add to the company's bottom line. No one forces companies to offer their executives the compensation packages they do, and for some Leftists to come in and suggest they're being paid "too much" or their compensation packages should be "capped" is nothing more than jealously or pure State controlled Socialism.
It's the same thing with the company benefit packages. My company offers a generous benefit package in part because it helps retain good employees. The company rewards those employees who help it maintain its competitive position in the marketplace. Often times in the auto business, price pressures force Dealers to compensate their staff in other ways that don't immediately effect their cash flow...such as PTO(paid time off), Demos to drive home for personal use, discounts on personal purchases for parts or accessories, retirement insurance packages, and yes even health insurance. All of these things help Dealerships retain motivated productive staff but they are not required to offer these perks. It's part of the cost of doing business.
Now many of you on the Left will no doubt argue with my take on this, and that's fine. However in the business world raw hard numbers driven by the need to remain profitable so the business can grow dictate most decisions that are made.
When you are driven by emotions such as this poster displayed, is it any wonder we have such a hard time getting Government out of the business of dictating how companies are run based on emotional desires rather than on what they can afford to remain profitable?
This is why I have a hard time being talked out of my positions because in the Capitalistic free enterprise competitive business world I operate in, these are facts not opinions based on Leftist emotions of "fairness".
You Leftists get mad at me for not being easily talked out of my positions, but unless one of you can show me how any of this works economically any differently or even any better (say if you had your wishes and the Government ran everything) I'm sticking with what I know about how our free market economy operates best.