Quote:
Originally Posted by dave40co
...some people would actually have to work for a living.
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You know, we've had some other threads and I have said some things that people may have interpreted as me saying that people don't work for a living, or that they shouldn't be rewarded for hard work. I don't believe that at all.
It's just that everything is so out of whack now. Can any of you who have accused others of us here as being "unfair" to the wealthy really say that the obscene CEO, entertainer, and sports figure salaries are completely ridiculous?
CEO's always made a lot of money, but it was more like what the President of the US makes, $400,000. Can you really justify any CEO making 250 times that? It should be noted that people like Gates and Jobs for many years made $1 in salary, and made their money from the value of their stock increasing. Besides, these are people that started their own companies, arguably their own industries, they are entitled.
There are vicious circles involved here...let's look at the sports one. The players demand huge salaries, the owners can't pay them so they have to up ticket prices, and they need more money from the media coverage...which commercial TV can't pay, so they go to a cable channel...so now the poor fan has to pay a huge amount to go to the stadium/arena, or has to pay for a separate sports channel to watch their team on TV...the loser there is the fan.
Why does it cost so much to go to the movies now? Is it in part because of the huge salaries the stars make?
In a sense, it's all free-agency now, from the athletes to the entertainers, to the CEO's.