4) YOUR BOSS HAS TO FIRE YOU
If you create $1 in value, and you have a boss, who has a boss, who has a boss, who has a board, who has shareholders….then how much of that dollar do you get to keep?
Well, now we know the answer. In the 1960s, a CEO might make five times the average employee.
Now a CEO makes 200 times the average employee. The answer: you get none of the dollar and the CEO gets all of it.
And what is that dollar? It’s money you created for the company. More of it should be yours. But every day less of it is yours.
Who will get fired first? The slave drivers or the slaves?
We know the answer. Executives took billions of dollars in bonuses when the banks got $600 billion in bailout money from the US government in 2009.
And everyone else got fired.
This is not a political opinion. Or a suggestion on how things could have been different.
But it’s this: now we know the answer.
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