While we certainly need some fund managers and people who work in the financial industry, the idea that they somehow deserve to “earn” multiples more than real working people is what I have a problem with.
They should be paid a reasonable salary that is consistent with their educational levels and risks they take with their own money.
I have a problem with the connection between the “dealmakers”/money handlers and lawmakers/policy makers. They desperately need to be separated and have a strong firewall between these two entities.
While we can live without wealth managers (even if very modestly), we cannot live without laborers. Our priorties are misdirected because those who **produce** do not have the same power as those who control wealth.
