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It’s a self fulfilling prophecy at this point. CEOs explaining their pay being so high by “it’s high everywhere, and if you really think about it we’re managing millions of dollars and big important stuff so it’s not like we stole it or anything right”. Their comp gets higher and higher, we’re getting to the point where they’re now making multiple lifetimes worth what their own employees are making, and it’s all supposed to be normal that they do, cause they’re working oh so hard, aren’t they.
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You know who else manages millions of dollars? Government employees, and they don’t make 7 figures for doing it