I've seen the writing on the wall

If a person has a good job, they tend to work hard. I've seen a man with determination and drive do the work of ten men. I've even seen a smart and agile woman do the work of fifty men, but I've never seen anybody do the work of a hundred people.

Unfortunately, something in our society's consciousness has gone awry and there are thousands of CEOs, CFOs, and CFUs walking around thinking they are entitled to compensation equal to a hundreds, even thousands, of people.

Everybody knows about the Waltons who pay the average worker at WalMart about $8/hr ($12,500/yr). You probably know that Waltons are multibillionaires with a combined family wealth of over $65 billion, but did you know that WalMart CEO Lee Scott received $31.6 million in compensation in 2007 alone. To use the axiom above, he received more than 2750 of his lowest paid employees combined.

Eat or be eaten?

Now, if you paid Lee Scott only a million dollars a year, limited the Waltons' incomes to a million dollars a year, and spread that money among all the 600,000 employees of WalMart nationwide you'd have a serious economic incentive package. Not the piddly little check Bush sent out. These more than a half a million peoples' wages would more than double from the sacrifice of just a few individuals!

How rich do people need to be?