Is it possible that part of the reason wages in government jobs went up following the best of...
...economic times, and private pay remained fairly stagnant is because those good economic times created added revenue for the government which was passed to to regular employees in the form of wages, and that conversely speaking, during those same economic prosperous times, companies paid THEIR increased revenues to their TOP ranks and shareholders and did not pass them on to the employees?
Just a curious capitalist who wonders if we may be looking at this a bit wrong. If we are to get mad at the govt for being paid more than the avg guy, why AREN'T we talking about the $40M/yr CEOs too?
Sort of looks like two questions.
One: The government doesn't have to make a profit. The government is an organized super-Mafia that takes what it wants. Since they don't have to EARN their money, they pay themselves what they want.
Two: The $40M/yr CEOs are mostly those in the mega-corporations. Many of them are essentially part of the government. They sort of control each other. There is a revolving door of executives -- Cheney, Paulson, etc., back and forth. Mussolini of 1930s fascist Italy called it "corporatism". Capitalism is not necessarily "free enterprise". Because of government, those mega-corporations exist and are allowed their excesses. The politicians make noises and slap wrists occasionally, but they really wouldn't have it any other way.
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