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and now the really hard work - manual labor is paid much less than it was in the 70s in real dollars and the easy work - white collar is paid much more
and CEOs, though they work as hard now as in the 70s - really hard usually - they get paid about ten times as much now in real dollars and that's obscene IMO. |
It just makes the mental math so much easier, dontchathink?
:O |
>..they get paid about ten times as much now in real dollars and that's obscene IMO.<
Why should anyone's compensation be subject to moral evaluation? Isn't paying a football player who breeds dogs for fighting over $100M just as obscene? Bill Clinton gets about $250K per speech and Rudi Giuliani gets about $100K plus expenses. Are these rates obscene? It costs about $4 to extract a barrel of crude oil from Saudi Arabian fields, yet the price is nearly $80/bbl. Isn't that obscene? Etc, etc, etc.... ((I)) |
>The $2 pound is fading... yesterday $2.06 and still rising it seems - $3 pound can't be far behind?<
OTOH, the GBP is $2.00 this morning. See http://tinyurl.com/3xlap3 ((I)) |
>..they get paid about ten times as much now in real dollars and that's obscene IMO.<
Why should anyone's compensation be subject to moral evaluation? simple - CEOs are slashing blue collar jobs and outsorcing them - outsourcing jobs at home to non-union operations or ones that pay much less (GM + Delphi) thus they are lowering wages for the workers and then getting huge bonuses or golden parachutes - taking from poor and giving to rich and i just find this obscene. As for other examples OK - bball player is not displacing other bballplayers, etc. Just fat cat CEOs - actually i'd pay them all as much as they want and have a steeply graduated income tax after a certain level of say 300,000$/yr and up. |
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