Posted 10 years ago on April 15, 2012, 9:58 p.m. EST by myows
This content is user submitted and not an official statement
I am trying to understand the mindset of the corporate executive. For example if you're the CEO of Verizon how do you reconcile the following things in your mind?
The company is a healthy and profitable. You just became CEO last year and your pay went from 7 million dollars to 24 million dollars. You continue to send American jobs overseas. You want to take away employees pensions, healthcare plans and a dozen other important benefits. You claim that the union employee is from the nonprofitable wireline side of the business when you have got to know full well that wireless traffic and FIOs TV and internet would not exist without the wireline side of the business.
I can certainly understand the obligation the executive feels to make the stock price go higher but at what point does he look in the mirror and say to himself
"As an American do I have any kind of obligation to try to keep the middle class alive in this country?" "If corporations send every American job possible overseas and cut the salaries of the remaining workers, is it possible that people will no longer have any spare money to buy cell phone plans, FIOS and other products?" "Is it unfair of me to take 24 million dollars in compensation in a single year as I look to take back 20k worth of compensation from a typical middle class worker?"
I personally do not understand how a person can totally disconnect these things in his mind.