Never underestimate what Americans are willing to pay to be entertained.
The *top* athletes, actors, rock stars, authors, all command incredible
pay. Of the lot, I have the least problem with athletes. It's hard to
imagine a more competitive profession. Their short careers are built on
a lifetime of incredibly hard work. They are the best of the best, and,
after all, someone else is willing to sign their checks.
Hell, I don't even have a problem with CEOs' pay. I just think it would
be nice if their pay was tied to performance, as an athlete's pay is.
Think of the $210 million Nardelli was paid to be fired.
CEO pay and bonus should never be more than a reasonable multiple of the
average worker's salary at the company or corporation. Reasonable is NOT
500 times.
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