Originally Posted by
Mojodmonky1
Originally Posted by airmaxpenny1
Society would function a lot better if the top person in a company could only make certain amount more than the lowest paid worker. It doesn't help the world having someone sitting on $100 million dollars.
goin off on a tanget here but i couldn't disagree more with this statement. the beauty of capitalism in its purest form is that the sky is the limit and you can reap the benefits of the hard work you put in. why would anyone be motivated to outwork the next person if they are capped on how much money they are allowed to make? on the flip side, why should the low level ri-tard scrubbin toilets be entitled to 1/100th or hell... even 1/1000th of what the top level guy makes, when his real value in terms of contribution to the business is maybe 1/100,000,000th of the president? all this talk of cappin earning potential, or sharing the wealth with the common man is a cop out and excuse for the common man not to work hard and still get his.
for people saying they would be straight with a $100K salary for the rest of their lives, you must live in a part of the country with a very favorable cost of living and not have any dependents. by no means am i rich or live a lavish lifestyle, but my wife and i bring in collectively $160K a year and after mortgage, bills, car payments, insurance, incidentals, 401k and IRA contributions, paltry savings contributions, etc.. etc... we pretty much living paycheck to paycheck. I bet half of NT drives a nicer car than me, has more shoes and clothes in their closet, bigger retirement funds, and more. If my wife were to get pregnant tomorrow, I would probably have to take a night job to help cover some of the additional costs. $100K in LA does not go that far at all.