If corporations are people, can mean liberals unfairly shame them for being "sluts" too? Several hosts at Fox News said on Tuesday that was exactly what was happening.
After the conservative Washington Free Beacon reported this week that the Security and Exchange Commission was being asked to implement a Dodd-Frank Wall Street Reform Act rule that would require companies to disclose the ratio of CEO-to-worker pay, Fox News host Kennedy Montgomery warned on Tuesday's edition of Out Numbered that it could cost "millions" just to crunch the numbers.
"They are essentially trying to slut-shame companies into to paying their highest workers less," Montgomery opined.
"And slut-shaming companies is not the job of the U.S. government," co-host Andrea Tantaros agreed. "There's plenty of people who work in the federal government who are sitting around picking their nose at their computers who could do this on their own. That's not a good use of taxpayer dollars."
But according to Tantaros, "the only people who should care about this are the shareholders."
Fox News host Shannon Bream argued that if workers knew that a CEO made 268 times more than they did, "that foments people being very angry, and that's something that people can tap into, they can harness it and leverage it for their own use."
Guest host Bo Dietl, who owns a number of private companies that would not be subject to the regulation, insisted that he deserved higher pay because he worked harder than anyone else.
"It's nobody's business," Dietl remarked. "If you can find me a good CEO that's going to bring my market cap, I'll pay him anything. And [former GE CEO] Jack Welch had a great idea. Take the 10 percent on the bottom, fire them so everyone works harder."
Montgomery asserted that the real solution to pay equity was less regulations.
"The Fed's monetary policy, which is creating this false bubble on Wall Street, which is enriching CEOs, and if we would have less regulation, we would have naturally more wealth in this country," she declared.