The 500% refers to fortune 500 company CEO's.
----- Original Message -----
From: "Ron Soave" <soavero@yahoo.com>
To: <spridgets@autox.team.net>
Sent: Wednesday, March 01, 2006 5:16 PM
Subject: Re: Machine shop chatter (no lbc)
> --- RBHouston@aol.com wrote:
>> Ya know Captn, I'm impressed by your statistics,
>
> e too - where the F do they come from? I am a direct
> report to the president of our division, admittedly
> small but still $35 million per year in sales. She
> (yes, she; try that 30 years ago) makes approximately
> twice the average salary of our workforce (which is
> mostly blue collar machinists and assemblers), she's
> been doing her job for 26 years, and puts in at least
> 75 hours per week. I know what she makes, if she's
> making 500X more than even the lowest worker, that
> worker would have to be making about 15 cents per
> hour. Despite what you may think, not all (or many,
> in my experience) CEOs do not spend their days
> counting their money and figuring out ways to shed
> jobs.
>
> Face it - as RBH points out,the definition of middle
> class has greatly changed. Our parents did not waste
> money on 3000 square foot houses, cell phones, digital
> cable, computers, DVD players, 2 new cars every 4
> years, or any of the other crap we feel we need to be
> "middle class". I can only imagine what my father
> would think of people at Starbucks drinking $3 coffee
> while surfing the internet on their laptops and
> bitching about how tough it is today.
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