Obama's first failed appointment

[Clodfobble]

Originally Posted by sugarpop

I DO think all people who work hard should be compensated well enough to live comfortably and have a life.

But the bar of "comfortably" keeps getting raised. 60 years ago, it was generally a given that your family had one car, and would manage to save up enough to buy their first three-bedroom house by the time the kids were 7-10 years old. That was middle-class; that was "comfortable." Now most people would call that poor, to only be able to afford one car.

[xoxoxoBruce]

The perception of need vs want keeps moving.

[TGRR]

Originally Posted by xoxoxoBruce

The perception of need vs want keeps moving.

Yeah, CEOs, for example, WANT 480 times what the floor employees get.

It turns out, though, that in all cases, this is a self-correcting problem, from the jackass making $60K/year that just HAS to have a $400K house and a Hummer, to the silly bastards at Morgan Stanley that insist they need two more corporate jets and a terminal building with a rooftop garden.