Make no mistake about this, the concept that the United States even has a Pay Czar is abhorrent to me. The idea that our government should in any way decide what pay a job is worth in a free market economy (which we haven't really had in years I suppose) is frightening. The fact that a legal contract between an employer and an employee no longer means anything; and that a bureaucrat that was neither elected to office by the voters, nor confirmed by the Senate can rule on legal issues which Constitutionally are the province of the courts should be of great concern to all of us.
That being said, I am amused by the released comments by these businesses that controlling the pay of executives may prevent the best and brightest from seeking jobs with these companies, and that such interference by the government may prevent them from recruiting necessary talent. My question is this: