Monday, March 17, 2014

Times Must Be Tough.

       Oh my. Woe is me. Word has come down that America's CEOs have only got a 1% income increase this year. Can you imagine? Only 1% increase in your salary? Of course some folks didn't get any increase and in fact some got their wages cut and some few even lost their income entirely. Still only a 1% increase for our corporate leaders. It's nearly unimaginable.
       I did say 'nearly' unimaginable. That's because last years average income package for the nations CEOs was $8.6 million. You heard it right, $8,600,000. That's eighty six followed by five zeros. So let me see??? $8,600,000 times point zero one. Hey, that comes to eighty six thousand, $86,000 per year. What's so bad about that? I mean, I realize that barely covers the dues at their country clubs, but 86 grand. I know more than one person who could live on $86 thousand, and still pay the taxes on it.
       What if they got the same raise that most workers in America got? How about zero dollars? Do you suppose these CEOs could get by on zero Dollars? I'll bet they could, what with $8.6 million in income. I'll bet they could get by for the next twenty years if they had to. That would be $430,000 plus interest. They might have to cut back on the number of country clubs they belong to and maybe they'd have to sell one or two of their vacation homes. They might even have to, oh and I hate to say it, they might have to eat hotdogs one meal a month.
       It's hard to imagine how horrific life would be for them. No, I suppose they should continue to make somewhere near twenty times what the President of the United States makes. After all they do have a more important and more stressful job than the president, so they should make a lot more than the president. And don't forget, the president also gets free rent. Oh and just like most CEOs, he has an airplane at his personal disposal. So all you employees, you shouldn't feel bad about your low wages. You can be proud of you boss as he dons his tailored suit and silk shirt and flies off to the French Riviera.

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