Non Sequitur by Wiley Miller for February 10, 2024

If you flip the chart upside down, you will see his wage and rewards packet in the same time frame.

It was your bonuses that did it

But your company tax minimization strategy seems to be working.

Some people win by winning; others win by losing. And how does someone “win by losing”? Simple … you present yourself as a victim. It’s a stance that anyone — and I mean ANYONE — can play.

Remember Wilber Ross? He is a Wall Street billionaire (though, like Trump’s, his actual net worth is greatly debatable) who became the Trump administration’s Secretary of Commerce in 2017. (As was the norm in the Trump administration, Ross was, to put it mildly, one of the more undistinguished Commerce secretaries to hold that position.) Before becoming associated with Trump, Ross was noted a few years earlier with stating how unfair and grievous it was that he and the other Wall Street financiers was not generally well thought of by the public and how that has brought (unspecified) hardships upon his group. He actually said it wasn’t easy being rich and the public should be more understanding. (Some people may have gone blind upon hearing this from the force of rolling their eyes.)

To be a victim means that nothing bad is truly your fault. Our cartoon CEO will have a myriad of excuses on why none of the company’s downturn is his culpability. In his mind, he cannot fail — he can only be failed.

Gentlemen, check your golden parachutes.

Things are always looking up when you are at the bottom.

We got bonuses?

With about as much effect as lighting a match in a wind tunnel.

It shouldn’t be the media.

Who are you kidding? He ain’t even a duke. Where’s the whining about witch hunts? The complaints about media bias? The comparisons to Abe Lincoln?

Yeah, I love it when somebody with tons of money and power whines about being the victim. Take away their money and power, mansions and limos and make ‘em live on a minimum wage for a year – then they’ll know what being a victim is all about.

Yep…thats exactly correct…also deep pockets n short hands…

The CEO will have to go and buy himself another $60,000.00 wristwatch, to make the pain subside.

No no no, that’s not how it works. The CEO always gets the credit, and the huge bonus, when the company is doing well. But when business is going badly, it’s always because of headwinds, market forces, unions, inflation, cheap Chinese imports, etc. And the solution is another round of executive bonuses.

That just indicates that they need to lay off a bunch of employees.

’Tis easier to play victim than to take responsibility: the MAGA motto.

When people deflect and blame others for their own failures it shows how weak they really are

You’ve got your golden parachute, what do you care about approval ratings?

“Yeah, I blame the chart-makers.” :)

Not to worry; if you get fired, you get millions and go on to destroy another company for higher pay.

See also, Bob Nardelli.

Thus sayeth SVP Amit Agarwal…

Way too little CEO bashing imo

Too big to fail.

tRUMP!

“Just because I’m in charge, doesn’t mean it’s my fault.” Then he dumps half his employees and spends their salaries on stock buybacks for a quick uptick on a Friday.

Oh, they’re all professional victims – “What, we gouged the public during the Covid Crisis? Never .. we’d never do THAT!” “How much was our profit this year, Brian?? No! Not THAT much .. ?”