Class Warfare
The biggest thing about much of the discussion about fiscal policy is the red herring of class warfare. This is a complicated issue. I've heard that celebrities that are celebrities for celebrities sake are the job creators for this country. I know there is some truth to this statement. Where would the E-Network and People Magazine be without the Kardashians. There are so many choices for people and theoretically the market makes the decisions about winners and losers.
There are some values that need to be considered along the way. Equality of opportunity is not the same as a guarantee of equality of outcome. Efficiencies of scale make certain occupations worth more but I would like a real study whether CEO's are always worth 425 times what a worker makes. Is a CEO worth $10,000,000. Lot's of people scoff at movie stars, entertainers, sports figures and how much they make. Once you become a celebrity executive, how long should you pay for what you did. Sadly I think there is a lot of bureaucratic thinking in the private sector beyond a certain level. American CEO's that increase profits by sending jobs overseas may help some stockholders but the workers and others that may be adversely affected through no fault of their own.
We are a large country, and to compare North Dakota with Florida even in the most basic of economic factors is probably something that should be questioned.
Yet we make sweeping generalizations, like 50% of the population pay no taxes. I think this is a sad situation of the state we are in. Poor people pay sales taxes and indirectly pay other taxes. Yet we feel free to compare apples with oranges and then make statements about steak, pork, and chicken.
The flip side of this issue are the taxes the high earners pay. In absolute amounts they pay a lot of money in
There are some values that need to be considered along the way. Equality of opportunity is not the same as a guarantee of equality of outcome. Efficiencies of scale make certain occupations worth more but I would like a real study whether CEO's are always worth 425 times what a worker makes. Is a CEO worth $10,000,000. Lot's of people scoff at movie stars, entertainers, sports figures and how much they make. Once you become a celebrity executive, how long should you pay for what you did. Sadly I think there is a lot of bureaucratic thinking in the private sector beyond a certain level. American CEO's that increase profits by sending jobs overseas may help some stockholders but the workers and others that may be adversely affected through no fault of their own.
We are a large country, and to compare North Dakota with Florida even in the most basic of economic factors is probably something that should be questioned.
Yet we make sweeping generalizations, like 50% of the population pay no taxes. I think this is a sad situation of the state we are in. Poor people pay sales taxes and indirectly pay other taxes. Yet we feel free to compare apples with oranges and then make statements about steak, pork, and chicken.
The flip side of this issue are the taxes the high earners pay. In absolute amounts they pay a lot of money in
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