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Individuals who work for an agreed upon wage earn their money.
That being said, unions distort the free market by artificially inflating wages.
So that accounts for .0001% of unearned wealth? You just got yourself.
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We are seeing proof of this because nearly every city in America is either in bankruptcy or close to it due to the strangulation of public sector union's over inflated pensions and benefits.
Yeah right. The union guys tell me only a "capitalist" can manipulate markets and make money without producing. Now you tell me its only about labor. What you both are are hypocrites who can't keep their stories straight. Thus your whole 99.999% just on the union manipulation alone discredits it.
Did the OPEC embargo make us all rich? Go ahead and explain how rich that made us.
If you could run a multinational multi-billion dollar company successfully
Who says I couldn't? Would says I haven't?
The difference between the very best CEO and the worst CEO is less than 10% to the company's bottom line. Why is the worst rewarded for failure, paid bonuses for leaving and then rehired over and over at ever growing compensation packages?
Based on the last four years I suspect the E-Trade baby could teach a few CEO's a thing or two.
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then you too would have companies beating at your front door trying to give you everything they can for your allegiance. You know, like pro sports recruiters beating down college athletes doors trying to give them cars, houses, women and everything else they can muster up to gain their allegiance.
CEO is one of the few "occupations" that doesn't base compensation on performance. Failure is rewarded just the same as success. Name one NFL team that collects failed players and rewards them for warming the bench.
Poor people are poor, and remain that way, because a rich person refuses to pay them a living wage. Period. Spin it any way you like it is the essence of the paradigm. There are also other extrinsics such as poor people (relatively) being tasked with maintaining the essential infrastructure of the country while richer people are given exemptions from virtually any responsibility for the day to day running of the country. What a fail thread.
H
Agreed. But the little myopic view they live with goes on, and on...sometimes wonder the age and profession of some posters here.
The poor are poor because they made/make poor choices and lack incentive to better themselves. Minimum wage was never meant to be a LIVING WAGE, we are expected to better ourselves to rise above minimum wage. Everyone has the same opportunity in this country. We are all given a free education - make the most of it.
Right poverty is sooooo great I mean who would not want to have to worry about having enough money all the time?
Evidently quite a few people would prefer to be poor than make the effort to not be poor and take advantage of opportunities to move up the economic ladder. Just look around.
The difference between the very best CEO and the worst CEO is less than 10% to the company's bottom line.
Not true at all. There are huge differences in CEO performance. You need to get in touch with the business world.
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