Disagree. Quality CEOs are in short supply. They must be paid more or companies can't survive.
Agree. Times are tough. CEOs should take pay cuts to help their companies be more profitable.
“I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.
If a CEO is heading a company that is having hard times, he's probably going to be packing up his stuff and getting out before long. A symbolic salary decrease on his part probably won't change that.
Everyone on Government payroll from Obama to the janitor in every State and Federal office need a pay cut and wage freezes, and a 75% reduction in perks from the White House to parking and postage of both Houses of Congress.
They are ignoring the cost of living for us retired folks they need to see what it's like.
“In politics, stupidity is not a handicap.” -Napoleon
USA Today's take on the issue :
CEOs reap huge payouts in 2011, corporate filings show - USATODAY.com