recently you have decided to cap of a salary CEOs to $500,000 but i honestly think it should be less than that. Not only do they make more than you and their job isnt nearly as important but they get paid more than doctors, teachers, firemen,and people fighting in the war. And here are people monopolizing the industry having people below them do work while they just move money around. And when its time for a bailout they use the money frivoliously as everybody else panics.
I think your stimulus plan can be going towards the right direction as long as you keep it on track and create jobs for people that provide a lasting economic impact as japan has taught us. The economical crisis we are in now even puts us at a state of financial instability just like the last ones in 1873 and the 1930s. Too many people are left jobless.
Also please take in mind the federal reserves act which was " to establish a more effective supervision of banking in the United States, and for other purposes." what happened to that? who was watching our money, make sure you check over the people looking over our money. Please mr.obama dont just give the money to executives that dont need it. I think your being to friendly cap them at 200,000 thats more than enough! the money needs to be distributed amongst small businesses that help the environment and economy as a whole. not just the top.
Sources:
"What is the president's salary? - Do You Know at GovSpot.com." GovSpot.com: US government, state government, Congress, government jobs & more.. 13 Feb. 2009
"What's it pay to be an Army of One?." Business, financial, personal finance news - CNNMoney.com. 13 Feb. 2009
mean, “change in inflation rate” do you. "About that deflation risk - Paul Krugman Blog - NYTimes.com." Economics and Politics - Paul Krugman Blog - NYTimes.com. 13 Feb. 2009
up, the early 1870s the large inflows of European development capital into the USA were drying. "New York and the Panic of 1873 - City Room Blog - NYTimes.com." Metro - City Room Blog - NYTimes.com. 13 Feb. 2009
"Panic of 1873." Travel and History. 13 Feb. 2009
ANDREWS, EDMUND L.. "For Job Losses, No Sign That Worst Is Over - NYTimes.com." The New York Times - Breaking News, World News & Multimedia. 13 Feb. 2009
1 comment:
Ashley, I think your plan to put a cap on the money CEO's, CFO's, and COO's make is very smart, and your use of examples of other salaries (such as doctors, firefighters, and the president) is a very convincing method to approach your stance on the issue.
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