+1Here's a question, so many of you have such a problem with the salaries that successful business entrepreneurs earn. It doesn't seem to matter that most of them started from scratch and risked their own money to start a business that succeeded (when so many of them fail and lose everything they invested) and so they were able to expand and hire more employees - thus enabling those people to earn a living and support their families. Those employees would then advance through the company, achieving higher earnings as they went. Expand, hire more people and on and on.
Physicians go through many years of schooling before they ever see a decent paycheck. Four years of college, followed by four years of medical school followed by 3-6 years of residency and possibly 1-2 more years of fellowship training. So they are anywhere from 12 -16 years of training before getting their first "real" job and they are facing the joy of paying back college and medical school loans as well. And different specialties earn very different salaries.
So while you are complaining about the businessman and the physician, where is your anger at the Hollywood elite who demand millions to work a few months on a film - thus driving up the costs of movie tickets. Try taking a family of 5 to the movies and letting the kids get something as basic as a drink and popcorn and maybe split some candy. It could easily set them back $70-$80 dollars - just to go to a movie. Let's look at what some actors pulled in from May 2011- May 2012 - that's one year, folks.
Tom Cruise -$75 million
Leonardo DiCaprio and Adam Sandler -$37 million
Kristen Stewart -$34.5 million
And then we have our professional athletes who demand multimillion dollar a year contracts - what do you think that does to the price of a sports ticket. Anybody tried to take that same family of 5 to a game recently? I went on the Braves website and a seat in the nose bleed section of Right Field cost a lovely $47 - that's for ONE ticket.
But somehow when the Left is harping on about how unfair it is that presidents of companies or some doctors make what are admittedly some very nice incomes, no one is talking about the actors who make multimillions for pretending and athletes who make multimillions for playing a children's game.
Anybody else see selective outrage at work??
Probably, since (it seems) most of Hollywood supports the "Liberace" cause, many will not have an outrage against this...
What a lot of the clueless and uneducated don't understand is how stock options work, particularly in small, start up companies where the founders (owners) risk a significant portion of their personal wealth for potential gains. Been thee and done that...