Rep. Barney Frank, D-Mass., thinks we have to address income equality . The new chairman of the House Financial Services Committee vowed to tackle the growing, festering problem of "income inequality," "government doesn't have to interfere with the free enterprise system," says Frank, "but we can work along with it to reduce inequality (Original Article).
Commentator Larry Elder asks, as to income equality " ...what exactly is the appropriate gap? How wide should it be? Presumably Mr. Frank possesses the divine wisdom to know when the gap is jus-s-s-st right."
Yeah, that's the ticket!
Barney Frank is who we should be turning to to insure the U.S. enters the "Nirvana" of income equality. Why should we bother with salary surveys, merit raises, promotions based on merit or other such antiquated business financial concepts when we can just eye the "Frank-conian" Income Distribution Chart to see what we should all be paid.
Apparently what has Barney's panties...er shorts bunched up is the golden parachute given deposed CEO Richard Nardelli - a severance package of $210 million. It is understandable that such blatant excess can raise one's hackles. It is quite another to take a leap of logic - and put inordinately misplaced faith - in the ability of Congress in the aggregate or Barney Frank individually to mitigate or completely alleviate such occurrence's in the future.
No thank you to that would be my reply!
No comments:
Post a Comment