20/20 John Stossel: How Much Are You Worth?

WATCH IN HD. Originally aired January 16, 2008 on ABC. John Stossel finds out who makes way too much and who deserves better.

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News & Politics

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[rexspe]

People have no idea what CEO's do and how important they are to getting us the goods and services we expect. There are some that have abused the system but the average American has no idea what they are talking about when it comes to CEO's and their pay.

[fornello123]

the cato guy hit it on the head... in a civilized society you honor contracts.

[buugiman78]

@jessica5666 Actors don't work? Do they have doubles who do all their parts while they are aout partying or what do you mean?

[buugiman78]

@fornello123 In a truelly civilized society you don't make insane contracts in first place. Rule of law is not an indicator of how civlized a society is per se. I guess Saudi Arabia is a country governed by rule of law. But, I would not call their laws civilized. Btw, from a judiciary perspective USA is everything but a civilized society. The whole system is utterly corrupted and obsolelte. White people who can afford expensive lawyers are usually much better off than others.

[buugiman78]

As long as a company is profitable the people in charge are worth their billions, right! Not a word about how they treat employees, fair competition or contributions to a suistainable development. Apple for example have a history of unfair competition. Their products are manufactured by standards totally unacceptable in any civilized country. Still, millions salute Apple while paying insane prices (with regard to actual manufacturing costs) to get their slice of the Steve Jobs pie. Disgusting!

[ca1cifer]

This is why we're not supposed to bail them out! If the ceo's keep failing, normally no companies would want them, but if we keep bailing them out, companies would have no incentive not to fire them.

[jessica5666]

How stupid america is for not getting outraged about the 100% useless actors and the damage they do to society but they think CEO's who worked for their money and give service to the society (at least partially) are paid too much!

[zsspencer]

@ATG0009 Looter.

[seppsters]

RIP Steve Jobs. A great man. Presidents, economists and academics come and go, but it's great men like him that advance civilizations.

[FinallyTheNight]

Steve Jobs is simply passing to us alien technology.

[FinallyTheNight]

Darwin's plagiarized writings have become the bible of globaloneyists/eugenicists worldwide, from plain Jane Goodall, to public ward Jacques Cousteau.