What the wage gap really means to people

[unhappycamper]

http://www.rawstory.com/rs/2012/12/12/what-the-wage-gap-really-means-to-people/



What the wage gap really means to people
By Megan Carpentier
Wednesday, December 12, 2012 16:22 EST

It means, as this great Bloomberg article by Leslie Patton notes, that a 20-year McDonald’s veteran makes $8.25 an hour and can’t put together 40 hours a week even working at two different McDonald’s restaurants, while the CEO of McDonald’s made $8.75 million last year.

It means the CEO of Dineequity, which owns Applebees and IHOP, made $5.4 million last year even as minimum wage for Applebees servers in New York State was $5 an hour before tips.

It means the CEO of Yum! Brands, which owns Pizza Hut, Taco Bell and KFC, made $20 million in 2011, while an assistant manager at one of his Pizza Huts made an average of $26,500 last year.

It means the CEO of Macy’s took home $17.7 million last year while one of the holiday hires selling you some sale cashmere will make an average of $8.50 for every hour she stands on her feet.

[raccoon]

1. k&r nt

[mountain grammy]

2. Don't CEO's stand on their feet? Capitalism on steroids. nt

[Victor_c3]

3. But but but rich people make more money because they work harder!

That guy putting the crap we buy on the internet in boxes while standing on his feet for 8-10 hours a day in a warehouse has nothing on that guy sitting in an airconditioned office with a personal assistant and a secretary making millions a year.

[PoliticalBiker]

4. Typical Result of...

... unrestrained capitalism at all costs.

I've always thought nobody is worth a million dollars a year... nobody.
If the president doesn't make that kind of money, neither should anybody else. After all, the president heads the largest corporate structure in the world.

It's really hard for someone making $20-30K a year to imagine how much a million dollars really is... how much it can buy... and to get that kind of money every year?

What needs to stop is the insane salaries of 10, 20 50 million a year. That is ludicrous. Do you realize how many salaries that could pay? How many raises to good-paying jobs that could pay for? That is the major cause of the depressed wages we have in this country. Companies not paying living wages to workers in order to pay for that kind executive salary and bonus is nothing but greed. Isn't that one of the seven deadly sins? Aren't those the same people that claim they devout christians? Anyone else notice a problem with that?

Money is the root of all evil. Who said that? How long ago?
Boy, were they right.