Quote:
Originally Posted by woj
Is that a trick question? Nothing is wrong with that picture?
Business world became significantly more complex, demand for individuals with skills and expertise to manage companies in this climate increased significantly, and so did their wages?
Looks to me like it's best time ever to get an MBA, work hard so you could profit from high demand in this field? Are you reaching some other conclusions from that chart?
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perhaps not to you but the general population, i am sure 95% would view such income inequality as 'wrong'. we are constantly told that companies won't hire if taxes are raised, yet ceo payouts have increased so much, it really makes it a foolish notion. they do it because they can but that doesn't make it right nor does it make good business sense.
so you are basically saying before 1980's you didn't need skill or expertise and that there was nothing complex about business? you could say the same thing about the average employee. before 1980 the average employee didn't need college or even a high school education to get a good job, didn't need to know anything about computers, etc, etc. now the world is much more competitive and complex and these things and more are required yet they are not seeing their income increase.