Mostly rational politics, with occasional rants about how a few crazy Republicans are ruining the country.
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Monday, May 16, 2005
Income disparity at Wal-Mart
From Friday's Krugman column: The average worker at Wal-Mart makes $17,000 per year. Last year the CEO, Scott Lee Jr., made $17,500,000. So Mr. CEO makes in two weeks what the average worker will make over their entire lifetime. Is it really possible to argue that this man's skills are that rare and vital that this is deserved? At least a baseball player has a demostrated talent far above and beyond the average person.
Income disparity is either the cause or effect of many of America's problems.