“Unemployment is 9.1 per cent. Underemployment is much higher than that, particularly among young people that don’t have a college degree. It is natural to assume that people are angry, and I think we have to be empathetic and understand that people are not feeling great.”
“The discrepancy [between CEO pay and the rest of American] is certainly one of the problems today in terms of why people feel the system is unfair.”
Immelt received $15.2 million in compensation last year.
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