Quote:
Originally Posted by CrackerBarrel
Dumb idea. There are executives out there that are worth what they're being paid. If you enforce an artificially low salary and ban bonuses these companies are going to wind up in even worse shape because the talent at the top will leave to go to companies that don't have the restrictions (be it non-bailed out firms, foreign firms with major US presence, etc.). An exodus of management isn't going to help anyone.
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I agree with that.
The word "socialism" popped into my head when I first heard about this, and whether I am applying the word properly or not, that's what I thought.