February 4, 2009

Capping executive pay

Filed under: Business,Money and/or Finances,Parenting,Politics — Copa @ 5:17 pm

I heard that President Obama has mandated that there will be a cap of $500,000 annual salary for the CEOs of the companies that are getting federal bail out money.  I think that is entirely reasonable – in fact, I think that should be the cap for ALL CEOs throughout the USA!  That is plenty of money for a person to live more than comfortably!  It would be nice if some of those big bucks “trickled down” to the non-management laborers and first and second level managers.  That would REALLY stimulate the economy!

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