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matthewf

(3,781 posts) Wed Nov 4, 2015, 10:36 AM Nov 2015

Inequality Is Much Worse Than We Think - Les Leopold On His New Book, Part 1

2 replies

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Inequality Is Much Worse Than We Think - Les Leopold On His New Book, Part 1 (Original Post) matthewf Nov 2015 OP

Put Bernie in there SmittynMo Nov 2015 #1

If you earn the minimum wage of $7.25 times 829 is $6,010.75 per hour. JDPriestly Nov 2015 #2

SmittynMo

(3,544 posts)

1. Put Bernie in there

Reply to matthewf (Original post)

Wed Nov 4, 2015, 10:56 AM

Nov 2015

Last edited Wed Nov 4, 2015, 12:48 PM - Edit history (1)

and get this issue addressed. Once and for all.
829 to 1? Un friggin believable

JDPriestly

(57,936 posts)

2. If you earn the minimum wage of $7.25 times 829 is $6,010.75 per hour.

Reply to SmittynMo (Reply #1)

Wed Nov 4, 2015, 04:41 PM

Nov 2015

Imagine earning $48,082 per 8-hour day or over $12 million per year.

The median US income in 2014 was $51,939 for the entire year.

https://www.google.com/?gws_rd=ssl#q=median+US+income+2014

I'm all for rewarding hard work and creativity, but that difference is ridiculous. It makes the idea of rewarding hard work and creativity into a cruel joke. Because no CEO works that much harder or is that much more creative than the average working person. That's impossible.

The CEO may be better at grabbing what he wants, but that's about it.

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