Baraka_Guru

I think this is misleading. I myself don't earn in the $15-20 range, but I can guarantee you my boss (owner of the company) isn't making anywhere near a million dollars for what he does. He's lucky to be a thousandaire.

I think you are speaking to the most sensational aspects of the labour market. You are overlooking the lion's share of the market with this statement. Small business makes up a large proportion of jobs in America. You are also overlooking how disruptive it would be to somehow raise employee wages across the board by 100% or so. I'm sure there are many companies whose owners draw under six figures from the company---and certainly less than seven.

I also happen to believe the American Dream is bullshit. It's not for everyone. It's only for those who are disciplined enough, and perhaps a little bit lucky. Situations are different, and results may vary.

Companies and their executives shouldn't take all the blame, and certainly not across the board at that. There were many borrowers who took on too much risk (and too much house) and are getting burned for it. What about them?

These are businesses being run; they aren't charities. A majority of job growth comes from small business. Artificially high wages would choke that out.

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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön

Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot