Monday, December 22, 2008

Fuzzy Math

Let me get this straight...

when the economy tanks, us working stiffs get to pitch in by losing our jobs in layoffs, losing benefits if we keep our jobs, and watch wages slide even further below what we made in the pre-Reagan era.

CEOs, on the other hand, get to pitch in by accepting the bonuses that are "earned" by our layoffs, loss of benefits, and wage stagnation.

Economy good? CEO pay explodes, workers stagnate. Economy bad? Same thing.

Nice kingdom we have.

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