Another reason that the American worker should be perturbed that American companies are sending their jobs to cheap foreign markets is pointed out in this OP-ED piece in the New York Times:
Current chief executive compensation creates what economists term a perverse incentive. An American chief executive, who is paid an average of $11.3 million annually, gets rewarded enough in one year to exceed the lifetime standard of living of 99.99 percent of the world's population. Even if he's booted from his job because of poor performance, he's set for life.People like Ivan should think about that when they send thousands of American workers into unemployment lines while they decide on the color of their new Bentley.
