[quote=pjwal]I don’t have any issue with a CEO making millions as that is taken out of the revenue of the company and not my tax dollars. It’s the left that tries to stir up this class warfare rhetoric and conveniently leaves that fact out.[/quote]
I do have an issue with a CEO taking millions out of a company at a time when revenues are shrinking and quarterly earnings are actually quarterly losses. Unfortunately, that is what happening at many large companies – including the one I work at. At a time when employees have been told that raises are on hold indefinitely (last 2 years have been 0%), 401k match is gone, workforce cut by 25%… but the CEO bonuses and RSUs keep increasing. It really is obscene. It’s on a scale not seen in the public sector. The money being transfered from the stock holders to the CEO and his cronies is NOT helping the overall economy. (Share price is a fraction of what it was).
[quote=pjwal]No it’s those evil CEOs and fund managers of the private sector that are creating all of our problems. As if failure in the private sector and losing investment dollars is automatically a crime. [/quote]
Losing money for investors or shifting resources from the workforce to the corporate execs is not criminal… But should it be rewarded with huge bonuses? Should CEOs and fund managers be making the same millions when their company or fund is tanking as they did when it was growing?
[quote=pjwal]
I can’t help you if actually believe the government IT workers are better and more qualified than there counterparts in the private sector. You obviously have zero experience in the field.[/quote]
Talk about a broad generalization. You assume all government IT folks are incompetant? My brother switched to IT after working in another professional sector (architecture). He went back to school and had his previous job experience of maintaining his employers servers, workstations, and tool-chains. After learning his new field he spent 10 years in private sector then switched to working for the government (a state that isn’t CA). He switched because the challenges of maintaining server farms, writing enterprise wide apps, etc, for various state agencies, was more challenging than what he was getting as an IT schlub at HP.
I’m not saying all government IT folks are good. But I wouldn’t say all private sector IT folks are good. Lets not generalize.
