Produce Nothing Make More!
Posted on January 27, 2010
Filed Under Politics | Comments Off
No this is not some kind of get rich quick scheme, the idea is to maximize how much you make based on the productivity you put in. So let’s say I put in 8 hours of work and I make $160 for my company in productivity, if I was paid $8 an hour I’d be getting paid roughly 50 cents for every dollar I made the company. That would be generous, usually the number is closer to earning 30-40 cents for every dollar you produce. However that’s only in the real world, where you make real products and you generate real economics, if you really want to get paid more for doing nothing work for a bank.
[T]o keep up with the Goldmans, laggards like Citigroup are handing out fat slices of their profits, leaving little left over for their shareholders. Citigroup is, in effect, paying its employees $1.45 for every dollar the company took in last year. On average, its workers stand to earn $94,000 each.
Obviously I was stupid enough to think I should produce something for this economy, because producing something for the economy could barely pay me *half* of what I’m *worth*, however if I was to change professions and learn complicated banking formulas designed to screw over the population and continue hording money purely in the name of greed I could be making not only what I’m worth, but another half person on top of that. I couldn’t imagine getting paid more than what I’m worth, if for the sole purpose of screwing over the taxpayers who own your business. Rewarding the worst behavior, paying out more than revenues, just what kind of drugs do you have to be on to think anything about this situation is even ok? These people deserve to be fired and dragged publicly out to explain why anyone, especially in a company that can’t function without the government’s help, is paying out more to employees than they are worth. As if we didn’t have enough reason to hate bankers, if only because they get to live like kings for doing absolutely nothing.
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