Hiring,
firing and controlling employee wages by government bureaucracy is
now an American fact of life and has been evidenced by
the forced firing of a pharmaceutical CEO who has not been found
guilty of a crime.
Yet
you must also consider how government stimulus funds affected even
entertainers such as sports stars. Government can be very
uneven-handed and injudicious.
Athletes
probably get far too much salary for what they do. Considerably more
earnings than top-notch CEOs. But they are under the public’s
radar. So the media, in its ignorance, let’s them get away with the
notoriety executives must suffer.
Ballparks
and ball clubs are subsidized by state and local taxpayers. Each time
a new ballpark is built, some government body has provided long-term
assistance in the financing, via cash, tax abatement or bond funding.
Federal
stimulus funds backed local and state entities. So funds were made
available to fund ball clubs.
Remember:
Money is fungible. The payment does not have to be direct. Money can
be substituted from one recipient’s pocket to the other, to hide
the source of funding. It all adds up to the same total outlay.
The
public complains about an executive getting more than is “fair.”
What about a ball player who operates no business, and hires no one,
who makes up to thirty million, and more a year? And may actually be
a loser on the field? (See the Earl J Weinreb NewsHole® comments.)
No comments:
Post a Comment