CEO Pay Keeps Rising: What’s Wrong With That?
I was moving this past weekend, otherwise the front page of the Dispatch on Saturday would have had me sitting down to write a post immediately.
The headline: “Pay for CEOs setting records again”
If you’ve read this blog before, you know that at One Ohio Now we’re advocating for great public services because they lead to stronger communities. And you also know that we need revenue to pay for those services. So what’s the tie to this article?
In our economy there are winners and there are losers. So, while CEOs are setting records might mean that everyone is doing so well and they’re just at the top of the food chain, it does not mean that at all. Instead, we’re seeing article after article in the same paper about cuts to school funding, pensions, and more. This is while there are tax loopholes for time shares for private jets.
I see this headline and wonder yet again, why are our priorities so out of whack? What is it going to take to get us investing in a future for everyone?