Maybe we are finally headed toward true Marxism with the Democrats. Their vice chair wants to cap wages, presumably by taxing the bejeezus out of anyone who exceeds his threshold.
Keith Ellison was interviewed earlier this month by Sarah Jaffe, an independent journalist who published the interview in The Progressive Wednesday. She apparently caught up with Ellison after he had been speaking at a Congressional Progressive Caucus meeting in Baltimore. He mentioned something about a maximum wage. She thought he was joking. He wasn’t.
Jaffe: you made a joke about a maximum wage.
Ellison: Wait a minute. I did not make a joke about maximum wage. I made a statement about maximum wage. What I’m saying is, if you were to make more than 20 times more than the people who actually make the products and do the services of your company, then we’re going to tax you more. We’re going to tax you at all — we’re going to tax you. You’re going to be ineligible for certain programming. Or, we could even do something like say, look, if you wanna pay yourself more than 20 times your average worker, that’s fine, but if you give the workers an increase as you get them, then maybe we’ll think about that in terms of some sort of a policy benefit. But this idea that you can leave people in poverty as you are stacking up dead presidents like nobody’s business has got to come to an end. I mean the CEO of McDonald’s makes $3000 an hour and they’re fighting people getting $15 an hour . . .
Where did you get that greedy? And how did you create a philosophy that says [it’s right] to protect your greed, so that if I say you shouldn’t be that greedy, you get to call me a name? Because they do . . . If we say your incalculable greed is not acceptable, we get called communists. Why not call them what they are, which is avaricious and greedy?
So let’s see. According to a 2017 study by the Economic Policy Institute, the average CEO at America’s largest firms made about $15.6 million, 271 times the average worker’s pay of about $57,500. Under Eillson’s proposal, you would slash their pay to about $1.15 million, or by more than $14 million.
Now, I don’t like that pay gap either. But CEOs are not receiving charitable contributions. They are paid what they are because somebody thinks they are worth it, that they make the decisions that earn profits and provide jobs. Cut CEO pay by an amount like that, they will go so something else, and you will have a lot of crappy companies and a lot of lost jobs. And you will have a system that says you shouldn’t make what the market says you are worth, you should make what Keith Ellison thinks you are worth.
14 thoughts on “Wake Up Karl Marx: DNC Vice Chair Keith Ellison Calls for “Maximum Wage””
Try selling that bullshit to professional athletes, entertainers of any kind, writers, entrepreneurs, licensed professionals, sales people…you get the idea. More socialist dogma from pricks who never had an original thought or idea in their statist little heads. Go live in Cuba or Venezuela ya bunch of morons.
“From each according to his ability to each according to his needs.” Not surprising, this coming from Ellison.
A wise man once said those who do not know history are doomed to repeat it. Can anyone name a successful socialist country?
Venezuela. Oh, wait a second . . .
Hillary’s money came from where exactly? Obama’s? Biden’s? Pelossi’s? Feinstein’s?
Ellison is a long time nut job Marxist screwball, as most of us know. Here’s an article that nicely illustrates Ellison’s lifelong venture against fair market capitalism and, of course, “the white man”. A complete buffoon.
Between Hillary’s recent comments and this loon’s, the Republicans should have a treasure trove of TV ad material for the mid-terms.
I’ve thought the same thing for years. However, when the rubber meets the road, the GOP always seems to wimp out in campaign ads,almost as if they are protecting these people. I hope they prove me wrong, this time around
IMO, If they used actual quotes from those you mentioned, and others(like Obama, Biden, etc.) 75% of the voters would NEVER support them
What he’s proposing is a government takeover of private business in the US.
When the Dems enacted Obamacare, it was supposed to be a government takeover of health care. The gov’t was going to set the amount allowed to be charged for each and every medical action and wages paid to medical personnel would be determined by some anon policy nerd in DC.
The plan was to screw up health insurance, make it so unaffordable that the public would demand the government step in for that final result – total control of our health and the health care business. Didn’t happen.
The Dem leaders are insane. Just nuts.
Here is his Wikipedia. I wanted to see where he went to school. I noticed he always wins his races by a big margin. Minnesota sure give us interesting politicians both from the Left and Right.
I am so glad the “socialists democrats” have been pushed out of the shadows and are revealed for what they really are…socialists, pure and simple.
I’ve been arguing this point for a few years now, since the $15 min wage was getting pushed. Let me be clear: I oppose gov’t control of wages but if socialists want to control wages, let them control the MAXIMUM allowable income, the top side of the wage market. And let’s see how that plays out.
When Stockton CA announced the promotion of a Minimum Basic Wage, again I threw out, why don’t they just enforce a MAXIMUM WAGE on their residents, so that when you hit the maximum allowable wage, you are then taxed at 100%, your excess wages are turned over to the gov’t of Stockton to be redistributed. Apply this wage across the board. Whether you are a CEO, a cafeteria worker, or a homeless heroin addict, everyone gets the same wage from the gov’t to be spent as you wish. Let that play out.
I’m trying to think of a Muslim governed country that espouses this thinking. Anyone? Theocrats live like kings, and the rest are serfs.
Pingback: Sorta Blogless Sunday Pinup » Pirate's Cove
Comments are closed.