Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (33914)	5/19/2003 3:12:25 AM
From: Raymond Duray	Read Replies (1) of 74559

Re: "money goes to the infrastructure and personal salaries of the offices and workers required to operate the welfare system." In America, in 1970 the gap between the salary of a CEO and the average worker bee in his corporation was about 30:1. In 2001, with stock prices withering and employees being cast off like lice, the CEO made out like a bandit. 535:1 to his employee. Exactly who is on welfare here?

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