Bankers, Athletes and Income

                       

Do CEOs make too much money?

                       

They may if they earn commissions and options of hundreds of millions a year. But they do work at jobs that take years to perfect..

                       

Do athletes earn too much money?

                       

They certainly do, if they earn up to $30 million a year for playing a kid’s

 game. And which many amateurs do for nothing, but just a little less

 efficiently. The real difference in their capability is not learned but in their eyes or muscles, for the most part.

                       

Do gymnasts deserve more than they earn?

                       

They get practically no income despite all the incurred pain, and years of training and practice, and the need to overcome initial physical fear.

                       

I have had personal experience with all three working practices, It’s difficult to see how bureaucrats and politicos in Washington are so ready to damn CEOs as a group for making “too much” money while other genuinely overpaid groups are left to make their fortunes politically undisturbed.

It isn’t up to the government or its politicians to decide. If the public no longer is rabid about athletics, the latters’ income will get smaller.

                                       

Incidentally, high-priced athletes are indirectly being financed by bailout funds of their bosses’ subsidized ballparks.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)