A new Rasmussen poll shows that the American public has a clear grasp of an easy concept: He who pays the piper calls the tune.
The poll asks: “If the government provides funding to keep a company in business, should the federal government regulate the level of pay and bonuses for executives of that company?”
The numbers are 61% in favor, to only 27% against.
On the other hand, a 64%-23% majority opposes regulation of executive pay at businesses that do not receive government money in order to stay in business, and respondents say 66%-21% that the federal government should not regulate pay at all publicly-traded companies.
But if we take it as a given that a company is getting bailed out, the public wants control of the pay structure.