Rising Inequity
While stumbling along the jagged trail of life, I tripped over this FastCompany.com post: Infographic of the Day: 15 Facts About America’s Income Inequality.
For instance, did you know that the average CEO’s pay is 1,039 times more generous than that of the average worker? And it’s not as if we’ve always lived that way. Forty years ago, CEOs were only being paid 39 times that of the average worker. Some companies these days are tying CEO pay to the pay of the least compensated employee at the same company. Clearly not that many.
And though GDP has risen, wages have remained stagnant (except for those CEOs), which has contributed to the top 10% of the wealthiest Americans controlling nearly three-quarters of all the money in America.
Note that over the decades between the inequity measurements, control of the federal government has flip-flopped back and forth between the democratic and the republican parties. So much for blaming one side over the other. The only equity in this post is that both parties are equally inept at running the country, no?
It doesn’t have to be yours, of course, but BD00’s opinion is that no matter what type of “ism” system of governance is used to tie people together, when some critical threshold of top-to-bottom inequity is exceeded, a revolution by the governees against the governors is sure to follow. In the grand ole USA, do you think we are close to the precipice?



Hi,
let’s get equality on…the only way is to raise taxes on the rich – that’s what progressive income tax rate is about…!
Thanks