With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful. [/quote]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option. They already have more than enough cash to sustain their life stile. They’re working to build wealth. Regardless what you do, short of setting a fixed ratio between CEO’s total compensation to the company’s average employee’s salary, there will be loop holes to be exploited by these people.
I’m also looking forward to see what will happen to small business when Obama come into office and raise the minimum wage by ~50%. Can small business handle a 50% increase in salary cost.
If a revolution happen like you say it would if nothing change, then this revolution will bring America to the Communism side. With Communism, everyone is equal and there will be no more rich people, period. Yay for equality.
