this post was submitted on 17 Sep 2023
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Memes

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[–] [email protected] -5 points 1 year ago (1 children)

No the post compared his salary to the employees earning $66,000 or above. I'm not sure what the median income is at Ford, but I'd guess it's less than that - so really the post is only in support of less than half of the company's workforce.

[–] [email protected] 5 points 1 year ago (1 children)

Yes, the post did just that...

...while laughing at the thought that raising the lower paid people's salary will bankrupt his company.

Your attempt to spin the memes meaning around is an amount of reaching that I'd recommend stretching for next time

[–] [email protected] -5 points 1 year ago* (last edited 1 year ago) (1 children)

Your attempt to spin my comment into a scarecrow you can argue against is the real stretch here.

I'm not saying it isn't ridiculous that giving a raise to employees of a profitable business would bankrupt the company. I'm saying it's a bad example for the meme to bring up the CEO's salary, rather than the profit of the company. The CEO's salary is peanuts divided amongst every employee, meanwhile the company profits and shareholder dividends represent much more of the wealth that the employees have generated without being compensated for.

[–] [email protected] 1 points 1 year ago

The CEO's salary is peanuts divided amongst every employee, meanwhile the company profits and shareholder dividends represent much more of the wealth that the employees have generated without being compensated for.

True. The big shareholders are definitely a problem. I wonder who Ford's largest individual shareholders are.

James D. Farley, Jr. owns a total of 1,103,833 Ford shares.

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