"The top 1% owns 36% of all wealth"- Fortune Nov 7th 2011
This country has become very polarized. The gap between poor and wealthy is getting bigger. The media is constantly reporting this fact. What good does it do me to know that someone is getting richer or poorer? I do not earn their income. I do not know what they had to do to earn their income.
What worries me is that people are focusing on the wealthy and not slamming the real crooks- the politicians. How many of them were millionaires before they entered public service? Probably only a few. So how does a guy become a millionaire by being a public servant earning 175k a year and having to maintain two homes? Very good question.
Our founding fathers were statesmen. We now have career politicians. Founders expected people to give of themselves for a few years and go home. They never envisioned an animal that loves to eat from the public troft for decades.
By focusing on the rich or taxing them more it does not do the common man any good. Are there inequalities in the system? Many! US CEOs make 475 time the salary of the average worker.
In Germany the ratio is 12 times.
In Japan 11 times.
In Britain 22 times.
In Canada 20 times.
So what is reasonable? Venezuela 50 times or Mexico 47 times. No!
I think that every CEOs salary should be tied to the average pay. Whatever the magic number is(I like 20) let the company decide. So if the average salary is 50k then the CEO can make the most 1M. No options, no extra perks. Keep it simple sweetheart! If the CEO wants to raise their salary then they have to increase the salary of the average worker. How do you do that? Produce better and cheaper products. And do not allow a CEO of one company to serve on another board. By being in bed with one another they have increased their salaries to 475 times the average salary of a worker($23.16 in US).
Today's question is:
"In your world, what ratio is the right ratio?"
This country has become very polarized. The gap between poor and wealthy is getting bigger. The media is constantly reporting this fact. What good does it do me to know that someone is getting richer or poorer? I do not earn their income. I do not know what they had to do to earn their income.
What worries me is that people are focusing on the wealthy and not slamming the real crooks- the politicians. How many of them were millionaires before they entered public service? Probably only a few. So how does a guy become a millionaire by being a public servant earning 175k a year and having to maintain two homes? Very good question.
Our founding fathers were statesmen. We now have career politicians. Founders expected people to give of themselves for a few years and go home. They never envisioned an animal that loves to eat from the public troft for decades.
By focusing on the rich or taxing them more it does not do the common man any good. Are there inequalities in the system? Many! US CEOs make 475 time the salary of the average worker.
In Germany the ratio is 12 times.
In Japan 11 times.
In Britain 22 times.
In Canada 20 times.
So what is reasonable? Venezuela 50 times or Mexico 47 times. No!
I think that every CEOs salary should be tied to the average pay. Whatever the magic number is(I like 20) let the company decide. So if the average salary is 50k then the CEO can make the most 1M. No options, no extra perks. Keep it simple sweetheart! If the CEO wants to raise their salary then they have to increase the salary of the average worker. How do you do that? Produce better and cheaper products. And do not allow a CEO of one company to serve on another board. By being in bed with one another they have increased their salaries to 475 times the average salary of a worker($23.16 in US).
Today's question is:
"In your world, what ratio is the right ratio?"
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