Quote:
Originally Posted by aklim
Assuming those numbers are right, they are still equally meaningless. $173K is a great income for some, lousy for others who can achieve more. Either way, it is a good paying job that win or lose, you get paid. CEO of GM as in what? The current Obama appointee or the one that got canned? With that in mind, why would someone be President? Isn't what they are making about a $500K? It might be about prestige and the appearance of power.
|
This is an important point. Different people are motivated in different ways. Some people respond to nothing except money. Other people want the status of fancy furniture in a corner office. Still others want a fancy title. Everyone is different.
When I first started reading the exchange my first thought was that at least the GM CEO was paid with private industry profit as opposed to the union boss's money that was extorted from union members. I quickly realized that the GM CEO is at least partially paid with money extorted from the US taxpayer.