Comments on: Compensation and Class Warfare

By: Mike Henry

Mike Henry — Wed, 07 Dec 2011 16:12:29 +0000

Thanks for the comment. It concerns me because I know a number of small business people, very few of which make several multiples of their employees, yet they get painted with the same brush. My previous employer before becoming self-employed lost a lot of money when the company was sold and we only employed a little over 100 people (less than that at the end). Most “CEO’s” don’t make hundreds of times what their people make. They just don’t.

But, possibly because of our own desire to support our own version of the truth, we simply look for statistics that seem to line up with what we believe and then we spread that all over the Internet. It’s one consequence of relative truth… we all become divided by our opinions rather than seeking to find a unifying truth.

And generally the truth is less complex. There are some crooks. There are some boards of directors who pay these people because they want the exorbitant income as well. And many of us are fine with it when our 401k’s and our IRA’s are increasing in value. We’re only upset with it when it goes down. Then we want to blame someone.

But I’m getting into my next post… Thanks for the great comment.

By: Susan Mazza

Susan Mazza — Wed, 07 Dec 2011 14:01:06 +0000

Thanks for taking the time to put the spotlight on this one and peeling back the curtain of misleading information. Yes there is greed in the form of compensation completely out of line with contribution but that is not just at the CEO levels.

Where the self employed fit into the economic picture is a very also a very good question. Had this thought that we are kind of like the aboriginals in Austratlia – do we count if no one knows how to count us or we don’t fit into the categories already defined? If we are choosing to play by our own rules of 100 percent responsibility for ourselves perhaps we don’t even need to care.

By: Mike Henry

Mike Henry — Tue, 06 Dec 2011 14:32:59 +0000

Thanks for the comment. I wonder if the reason for the lack of civil discourse is because we would rather be right in our own minds than find the truth. Could this all be linked to our desire to define our own version of the truth for ourselves? Mike…

By: KSmithGeek

KSmithGeek — Tue, 06 Dec 2011 14:07:06 +0000

This is a concrete example of what I wrote about in my blog. ( http://theothersidelookingin.wordpress.com/2011/12/04/misinformation-and-misdirection/ ) There is a need to quit arguing numbers for numbers are easy to manipulate. A need for more critical analysis and civil discourse in this country.