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Why We Need a Maximum Wage


Society & Culture  (tags: Americansn, income inequality, society, rights, ethics, culture, politics, government )

Carrie
- 98 days ago - theweek.com
The debate about rising economic inequality that's been building since the financial crisis of 2008 has approached a boiling point thanks to the publication in English of French economist Thomas Piketty's Capital in the Twenty-First Century.



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Comments

Betsy Bee (1045)
Tuesday April 22, 2014, 3:18 pm
We certainly do need a Maximum Wage. Excellent posting, Carrie.
 

Elizabeth M. (66)
Tuesday April 22, 2014, 6:42 pm
A maximum wage would be a great idea. I feel that there is no CEO worth $15 million in one year, This has gone from the extreme to the ridiculous, and in a lot of cases it is not what you know it is who you know, or who is going to line your pockets for favors.
Thanks Carrie.
 

Val R. (228)
Tuesday April 22, 2014, 6:43 pm
Agree with Elizabeth.
 

Lois Jordan (55)
Tuesday April 22, 2014, 7:53 pm
Noted. Thanks for posting, Carrie. Welcome to the oligarchy of the United States of America. Of course I absolutely agree there should be a maximum wage. Lobbyists & lawyers have made sure the wealthiest are now sucking every nickel they can out of the rest of us. We pay their taxes for them. Our soldiers fight and die so the wealthiest can have MORE. But, our vets return to a country lacking in jobs, decent wages and tons of red tape just trying to get health care.
I might reconsider a maximum wage if we could get rid of Corporate subsidies and tax loopholes causing them to effectually pay zero taxes. Elizabeth Warren was just on Rachel Maddow, and she said she's going to re-introduce The Buffet Rule in the Senate next month. Start pressuring your Senators now.
 

Dimitris Dallis (2)
Wednesday April 23, 2014, 8:50 am
Thanks Carrie :)
We need a reformation of the monetary system, in a global level...
 

Dianne D. (455)
Wednesday April 23, 2014, 1:04 pm
I also agree with Elizabeth M. There should not be the 'haves' and have nots' in a civilized world. Those that work hard should see more rewards, but nothing like what's going on now.
 

Birgit W. (140)
Wednesday April 23, 2014, 2:01 pm
Thanks Carrie.
 

A F. (130)
Wednesday April 23, 2014, 2:51 pm
thank you
 

Kate Kenner (202)
Wednesday April 23, 2014, 2:53 pm
I have thought for years there should be a cap on now much people can make. CEO's as well as supermodels and actors-and let's not forget athletes-make far more than anyone needs plus corporations have far too much pull in politics. What they make far outweighs their worth and does anyone really need $1,000,000,000 or even $750,000,000? Most of us are happy with one home of modest size-who needs 3 mansions with swimming pools?
 

Kathleen R. (138)
Wednesday April 23, 2014, 5:29 pm
noted & read ... thanks Carrie
 

Julie W. (20)
Thursday April 24, 2014, 2:41 am
Completely agree. Football players also earn obscene amounts of money. CEOs should only get bonuses if they have significantly improved the profits of their company, but it doesn't seem to work that way.
 
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