Monday, February 9, 2009

Best job to have in a recession is selling belt hole punchers

I know that money does not make problems go away, that rich people have money problems too, but does being rich always have to mean being tone deaf? The screaming from Wall Street about limiting their salaries to $500K if they take government money is getting a little ridiculous for several reasons:

If you're really worth millions of dollars in salary, wouldn't your company not need government money just to continue to exist?

I know that the cost of living is higher in New York and that these people have become used to a better lifestyle than most of us know. However, when people who used to make minimum wage are getting fired, people making millions having to cut back a bit is a hard thing to feel bad about.

They still get to have stock options, so if they do their jobs and get these companies back on the right track, they could be looking at a huge financial gain. These people have gotten lazy, they want money that is not tied to succeeding long term. If you aren't willing to bet your future earning on your preformance, you aren't worth the money.

Finally, it just looks bad to bitch about getting your salary cut to $500K in the midst of an economic downturn. Though it must be weird to have to give a shit what all us little people think of them after so long not caring.

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