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Thread: The increased wealth of our politicians.

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    Tetragrammaton's Avatar
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    The increased wealth of our politicians.

    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/article...oligarchy.html
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    rob19's Avatar
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    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...-pay/index.htm
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    MadDog 88's Avatar
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    Is it any wonder why corporate lobbyists are destroying this country?
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    Perfect23's Avatar
    I wish people understood this

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    Only if you're a Republican it is a problem.
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    NY8123's Avatar
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    It is, was and always will be a separation of wealth.
    "I am free of all prejudice. I hate everyone equally" ~ W.C. Fields

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    CedarPhin's Avatar
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    Quote Originally Posted by Perfect23 View Post
    Only if you're a Republican it is a problem.
    No it's not. It's a big problem with everyone.
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    Perfect23's Avatar
    I wish people understood this

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    Quote Originally Posted by CedarPhin View Post
    No it's not. It's a big problem with everyone.
    I agree I was just being sarcastic.
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    Tetragrammaton's Avatar
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    Quote Originally Posted by rob19 View Post
    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...-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?
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    CedarPhin's Avatar
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    The fox is guarding the hen house.
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    jared81's Avatar
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    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.
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