April 10, 2011

Ahh! If I Just Controlled An Industry

"After shrinking during the 2008-9 recession, paychecks for top American executives are growing again — in many cases, significantly so.
Rarely has the view from the corner office seemed so at odds with the view from the street corner. At a time when millions of Americans are trying to hang on to homes and millions more are trying to hang on to jobs, the chief executives of major corporations like 3M, General Electric and Cisco Systems are making as much today as they were before the recession hit. Indeed, some are making even more." New York Times, April 10, 2010
 Until we fix this problem, it will only get worse.
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2 comments:

  1. The only way to fix this problem is to raise taxes on those making over $250,000 and create new tax brackets for millionaires and another higher one for billionaires...

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  2. I agree with raising taxes on the wealthy; however, part of the fix is to break up monopolies and one of the results will be a more even distribution of income and more money flowing into the federal treasury.

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