^^ replied to wrong comment. |
It doesn’t matter how much the CEO makes and this is largely irrelevant to the discussion. The CEO of CMA CGM for example makes 30.5M a year. The company has around160k employees. If you reduce the CEOs salary to zero and increase worker pay with this money, it would only result in each employee getting an additional $191 per year. CEO pay has almost no impact on most companies ability to compensate other employees. |
I love this magic math, like 30M is nothing. Why don’t I get paid 30m dollars?? It would cost everybody else so little!! |
Why shouldn't Longshoremen make as much as a Junior Associate? Aren't they a lot more important? What would happen if lawyers went on strike? |
It’s funny you say that. ![]() ![]() |
Well, for one thing, the longshoremen would not be able to to off strike while the lawyers were on strke. But the really reason is boring old supply and demand. |
Calling it "magic" doesn't make it false. That's the actual magic of math. |
Considering the anti-automation clause in the labor proposal, yes, they do want to make that trade. Bur it's not $150K. It's $150K times yeara worked divided by the injury rate, a far higher number. So yeah, for $25M, if I had no white collar skills and ability to do very well in an office job? Sure I would. |
Queue up the urban elite to hate the worker trying to get a raise
Contempt One of the main things that I hear from my fellow tradesmen is how the elite and white-collar professional class don't care about or respect the blue collar working class. This disrespect comes out in many ways, big and small. But you can hear it a lot in the political rhetoric coming out of the progressive side these days. It was there in the COVID conversation, how work-from-home white collar folks pushed for endless lockdowns and vaccine mandates, to be imposed on the working class whose labor they relied on to stay home. It's there in the way they talk about a universal basic income instead of high-paying trade jobs, and in the way they push for low-wage green jobs instead of union energy jobs. But you can really see it in how they talk about college. Take the latest issue that progressives are pushing the Biden administration on—student loan cancelation. They want us taxpayers to pay off the student loans of the college educated, who on average make more money than those without a degree, and for whom the economy recovered almost immediately post-COVID. Then they have the audacity to tell us that it will help blue collar workers. They want us to enthusiastically agree to pay off their student loan debt, and then have the nerve to tell us it's in our interest as Americans. That's what I mean about disrespect. And it pervades the entire conversation about college in America today. https://www.newsweek.com/divide-isnt-right-v-left-its-us-blue-collar-workers-fighting-elite-contempt-opinion-1706053 |
Dock workers work harder and do things as important as any lawyer or desk jockey. Only they risk their lives more. |
Funny enough, its the lawyers who manage to induce the demand and restrict the supply! |
Thanks for the platitude, but not any real substance. The head, Harold Dagget, is a Trump supporter about to retire. He’s corrupt as hell. Read about it. This strike is to help Trump and dagget is doing that. Also, automated ports are 90% more efficient. It’s inevitable and the rest of the world is doing it successfully. This is one thing we really need to automate so we can have efficient supply chains. We need ports to run 24/7. There are national security considerations. We do need to inspect the cranes and ensure the software is safe. But there are just too many goods movement considerations. 90% of all our goods come by ship. We can’t have these unions arguing for a 77% pay raise and complete non-automation. It’s insane. It’s selfish and it’s what they are doing. This strike inflicts maximum pain. They’ll concede to these strong arm demands. They will relent because Biden is demanding they do. Meanwhile ports will build automated terminals where they can that can skirt these dock workers. |
The CEO of Hapoag-Lloyd makes $3 million, of which 1/3 is stock, and the captain of a Maersk ship has a starting salary of $27 an hour. |
Election wise, this shows that people understand what's disrupting our economy - the strike. So any inflation that comes from it won't hurt Harris like the union boss is hoping. Even if there's a recession now, everyone will blame it on the longshoreman union. That union leader is too bombastic for his own good. |
It's Democrats who have been pointing out the bloated ceo pay in recent decades. So I assume all the dock workers are supporting Harris then? |