Class envy - It isn't just for breakfast anymore.
So?
What, no BARF alert?
IIRC, these stats were thoroughly debunked in the WSJ Editorial Page last week. Stale wrong "News" alert!
"Most of the concern is among Democrats and independent voters, although a majority of Republicans — 55 percent — also called the situation serious."
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So much for a valid poll.
Wonder how much more in taxes Matthew Benjamin wants to pay in order to rectify this horrible injustice.
Conclusion.........
The bottom 60% needs to work smarter !!!
Unbalanced economy ping.
Now for the good news...
"Corporate profits are at their highest level since 1929"
http://money.cnn.com/magazines/fortune/fortune_archive/2006/12/25/8396760/index.htm?postversion=2006121805
This means Pelosi&Co's harping about middle class wages has no traction.
[...The portion of national income earned by the top 20 percent of households grew to 50.4 percent last year, up from 45.6 percent 20 years ago; the bottom 60 percent of U.S. households received 26.6 percent, down from 29.9 percent in 1985, according to the Census Bureau...]
In other words, more people from the lower income portion of this census have moved up to the upper portion, reflecting a stonger gravitation into and upward from the middle class.
Did I read that part correctly, or did I draw conclusions based on what was left out?
Funny that these little diatribes always choose to compare the income of CEOs with average workers. CEO is of course a hated term for a hated man - the boss. And after Ken Lay and a series of high profile financial fraud cases it is somewhat synonymous with "crook".
I'd like the article re-written using these other overpaid individuals:
NBA Player salaries have risen 245% faster than average workers.
First tier Hollywood Stars have seen income increase 330% faster than average workers.
Successful World Tour of Poker players have seen income rise 1034% faster than average workers.
Thankfully in our country it still means something to work hard and achieve things. Whether in the realm of tossing a little ball through a hoop, pretending to have emotions and faking sex, or being a really good poker player. Given the huge premium paid to "the best" at these trivial pursuits the fact that a CEO (most of whom have advanced degrees and years of experience unlike those listed above) who runs a company that likely provides essential goods and services is paid a premium upsets me not at all.
This is one of the most liberally-biased articles I've ever seen.
Sounds like incentive to work hard, study hard, and do better for you and your family.
Anyone want to set this idiot straight...
mbenjamin2@bloomberg.net
"Americans overwhelmingly say the growing gap between rich and poor has become a serious national concern, a sentiment that may bolster Democrats' plans to narrow the income divide when they take control of Congress."
"A month after Republicans lost their majority in Congress, poll respondents generally expressed optimism about the economy, with about three in five saying it's doing well. "
"Still, anxiety about the growing rich-poor divide unites Americans, crossing income and political divisions."
"Democrats are considering proposals to shrink the income gap, such as boosting the minimum wage, scrutinizing executive pay, increasing tax credits available to the poor, and making health care and higher education more affordable."
ELECTIONS HAVE CONSEQUENCES...ELECT SOCIALISTS, YOU GET SOCIALISM.
"A month after Republicans lost their majority in Congress, poll respondents generally expressed optimism about the economy..."
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The Media at work! The Democrats have saved the day BEFORE they take control. It's a Miracle!
Here we go...take more from the good decision makers and give it to the lousy decision makers. Eliminating accountability for one's actions....wonderful people those libs are.