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Tetragrammaton
07-13-2012, 09:42 AM
In 1987, Michael Dukakis’ income as governor of Massachusetts was just four times that of the average American. In 2007, it took 70 John and Jane Q Publics to match then-Senator Barack Obama’s income, most of it from book royalties. And last year, Mitt Romney—another former Bay State governor—took in more than 400 times Mr. or Mrs. Smith made on Main Street.

http://www.thedailybeast.com/articles/2012/07/13/american-oligarchy.html

rob19
07-13-2012, 11:22 AM
It's worse with CEO's. In the 1950, the average CEO made 20X more than the mean of all the other employees. Today, that number is anywhere from 380X to upwards of 500X.

http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm

MadDog 88
07-13-2012, 12:04 PM
Is it any wonder why corporate lobbyists are destroying this country?

Perfect23
07-13-2012, 12:29 PM
Only if you're a Republican it is a problem.

NY8123
07-13-2012, 12:36 PM
It is, was and always will be a separation of wealth.

CedarPhin
07-13-2012, 01:47 PM
Only if you're a Republican it is a problem.

No it's not. It's a big problem with everyone.

Perfect23
07-13-2012, 03:17 PM
No it's not. It's a big problem with everyone.

I agree I was just being sarcastic.

Tetragrammaton
07-13-2012, 03:47 PM
It's worse with CEO's. In the 1950, the average CEO made 20X more than the mean of all the other employees. Today, that number is anywhere from 380X to upwards of 500X.

http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm

For me, it is not so much about people making money, but our willingness to elect so many millionaires and billionaires. When you look at the last twenty years of Presidential politics, both Bushes, Al Gore, John Kerry, Mitt Romney, and John McCain were born with privilege. Dole, Clinton, and Obama were from more modest means, but the trend still goes toward power.

Obviously, to become President you need to rise pretty high, but how can we be satisfied when so many of the people tasked with protecting the poor and middle class from the rich are themselves fantastically wealthy?

CedarPhin
07-13-2012, 03:54 PM
The fox is guarding the hen house.

jared81
07-13-2012, 04:00 PM
im not concerned about the wealth of our politicians as i am how much wealth they are making by being politicians. guaranteed retirement, healthcare just for serving in congress is way too much. nobody cared when the kennedys were running for president, now the rich mormon is running and everyone has their panties in a wad.

people are jumping off into tangents regarding the income gap in our country, that is a seperate issue.

Gonzo
07-13-2012, 06:11 PM
Only if you're a Republican it is a problem.

Interesting, since the article and the quote the OP chose discuss both parties equally. When did the GOP become the Woe-Is-Me party?

Anyways, I'm not concerned about either Obama or Romney's wealth. It's the politicians that use their positions to gain new wealth after being elected using a somewhat legal form of insider trading that I'm more concerned about. And again, that's both parties.

Edit: Apparently I should have scrolled further to find out you were just being sarcastic. :lol: Second part stands though.

CedarPhin
07-13-2012, 06:14 PM
All you have to do to make a ton of money is somehow get elected to the House and then make the jump to being a lobbyist.