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Post #42,252
by JayMehaffey
6/13/02 3:33:12 PM
Reply
New Still is
Farm hands are still among the lowest paid jobs around. Many types are not covered by mininum wage laws.

If you take these people into account, the difference between mininum and maximum wages is even higher.

Jay
Post #42,255
by drewk
Picture of drewk
6/13/02 4:08:17 PM
Reply
New Found some numbers
From [link|http://www.ufenet.org/press/archive/Pre_1999/exec_excess_98.html|here]:
To get a good picture of the incredible expanding CEO-worker wage gap, imagine the Washington Monument. CEOs made 326 times the pay of factory workers in 1997 according to Business Week, a big jump from 1996, when they made 209 times as much. If the real 555-foot Washington Monument reflects the average 1997 CEO paycheck, then a scaled-down replica representing average worker pay would be only 21 inches tall.

It's shrinking fast. In 1996, it was 32 inches tall. In 1970, the Workers' Washington Monument was 13 feet, six inches tall -- reflecting a CEO-worker wage ratio of 41 to one.
I don't like thier example. But basically:
  • 1970 -- 41-1
  • 1996 -- 209-1
  • 1997 -- 326-1
And that is comparing them to factory workers, not farm labor.

Another set of [link|http://www.nwlaborpress.org/0502.html|numbers].
===
Microsoft offers them the one thing most business people will pay any price for - the ability to say "we had no choice - everyone's doing it that way." -- [link|http://z.iwethey.org/forums/render/content/show?contentid=38978|Andrew Grygus]
     What is wrong with business today? - (orion) - (54) - June 12, 2002, 10:13:05 PM EDT
         Kill all the lawyers -NT - (bepatient) - June 12, 2002, 10:14:51 PM EDT
         It depends on the kind of business - (ben_tilly) - June 12, 2002, 10:35:15 PM EDT
         Litany of woe - (JayMehaffey) - June 12, 2002, 11:10:12 PM EDT
         Oh, a very, very long time ago - (Andrew Grygus) - (6) - June 13, 2002, 12:08:44 AM EDT
             Re: Robber Barons - (drewk) - (5) - June 13, 2002, 09:18:44 AM EDT
                 Athletes and Movie Stars - (bepatient) - June 13, 2002, 11:43:55 AM EDT
                 I don't think assembly working was "the lowes-paid" - (Arkadiy) - (3) - June 13, 2002, 02:35:50 PM EDT
                     That would make it even worse - (drewk) - June 13, 2002, 02:45:32 PM EDT
                     Still is - (JayMehaffey) - (1) - June 13, 2002, 03:33:12 PM EDT
                         Found some numbers - (drewk) - June 13, 2002, 04:08:17 PM EDT
         Simple answer: - (jb4) - (33) - June 13, 2002, 12:21:27 PM EDT
             Shocking... - (ChrisR) - (32) - June 13, 2002, 12:34:50 PM EDT
                 Yes making money - (orion) - June 13, 2002, 01:23:58 PM EDT
                 Nice try... - (jb4) - (30) - June 14, 2002, 09:23:35 AM EDT
                     Nope, that's *still* not the purpose of a business - (drewk) - (22) - June 14, 2002, 09:41:57 AM EDT
                         Slight difference. - (Arkadiy) - (1) - June 14, 2002, 06:31:04 PM EDT
                             Hard to say it is for - (ben_tilly) - June 14, 2002, 09:17:58 PM EDT
                         OK, fair enough... - (jb4) - (19) - June 17, 2002, 09:16:52 AM EDT
                             Stockholders = Investors - (ChrisR) - (18) - June 17, 2002, 12:35:00 PM EDT
                                 Good explanation. - (a6l6e6x) - June 17, 2002, 01:37:45 PM EDT
                                 Yeah, I can see those dirty fingernails, alright... - (jb4) - (16) - June 19, 2002, 01:31:20 PM EDT
                                     Invalid assumption - (ChrisR) - (15) - June 19, 2002, 02:36:05 PM EDT
                                         OK, now I got you... - (jb4) - (3) - June 19, 2002, 03:36:48 PM EDT
                                             Side bets - (ChrisR) - (2) - June 19, 2002, 06:05:49 PM EDT
                                                 I apparently didn't play at your casino... - (jb4) - (1) - June 20, 2002, 09:19:03 AM EDT
                                                     The analogy assumes... - (ChrisR) - June 20, 2002, 02:53:22 PM EDT
                                         While I agree, that's kind of orthogonal - (drewk) - (10) - June 19, 2002, 04:05:09 PM EDT
                                             Mixing up cause and effect - again. - (Arkadiy) - (6) - June 19, 2002, 05:21:47 PM EDT
                                                 There's a distinction - (drewk) - (5) - June 19, 2002, 05:40:47 PM EDT
                                                     How the hell did it come to exist - (Arkadiy) - (4) - June 20, 2002, 10:53:28 AM EDT
                                                         You're still focused on *why you would invest* - (drewk) - (3) - June 20, 2002, 12:22:42 PM EDT
                                                             Darn right I am. - (Arkadiy) - June 20, 2002, 01:48:14 PM EDT
                                                             Those Dot Coms employed a lot of people... - (ChrisR) - (1) - June 20, 2002, 01:59:23 PM EDT
                                                                 I think that your sane exposition makes clearer the - (Ashton) - June 20, 2002, 11:10:51 PM EDT
                                             On movies - (ChrisR) - (2) - June 19, 2002, 05:45:43 PM EDT
                                                 Oh I *know* it's wishful thinking - (drewk) - June 20, 2002, 09:15:57 AM EDT
                                                 "Everybody wants money. That's why they call it 'money'." -NT - (jb4) - June 20, 2002, 09:23:33 AM EDT
                     It's all about making money. - (ChrisR) - (6) - June 14, 2002, 10:26:44 AM EDT
                         This simple 'logic' might have sufficed before - (Ashton) - June 14, 2002, 04:41:29 PM EDT
                         Bullshit. - (CRConrad) - (4) - June 14, 2002, 07:26:23 PM EDT
                             You are correct sir - (orion) - June 14, 2002, 10:30:02 PM EDT
                             Well said, Sir Cyclic... - (jb4) - June 17, 2002, 09:27:15 AM EDT
                             Could be? - (ChrisR) - (1) - June 17, 2002, 02:13:13 PM EDT
                                 A nice rebuttal.____But - (Ashton) - June 17, 2002, 03:32:40 PM EDT
         It comes down to greed. - (tuberculosis) - (8) - June 16, 2002, 12:08:58 PM EDT
             Re: It comes down to greed. - (Arkadiy) - (7) - June 16, 2002, 01:40:55 PM EDT
                 'Discretion' manages to put an upper-limit on 'wants'. - (Ashton) - June 16, 2002, 06:55:19 PM EDT
                 Re: It comes down to greed. - (tuberculosis) - (5) - June 17, 2002, 12:13:12 AM EDT
                     Yes it does. - (Arkadiy) - (4) - June 17, 2002, 10:39:01 AM EDT
                         I don't get your point. - (tuberculosis) - (3) - June 17, 2002, 05:57:41 PM EDT
                             But 'quantizing' greed may be the Red Herring - (Ashton) - June 17, 2002, 06:41:51 PM EDT
                             My point is... - (Arkadiy) - (1) - June 17, 2002, 08:54:21 PM EDT
                                 Well I'm in a rare position this week - (tuberculosis) - June 17, 2002, 10:34:18 PM EDT
         Re: What is wrong with business: the pictorial answer - (Ashton) - June 18, 2002, 02:59:32 AM EDT

Never date a Psych major.
177 ms