Do bankers make too much money?
They may if they earn commissions and options of hundreds of millions a year. But they do work at a job that takes years to perfect, a task that many cannot adequately handle.
Do baseball players 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 sandlot amateurs do for nothing, but just a little less efficiently. The real difference in their ball-hitting capability is not learned but in their eyes to see the ball.
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, and for the life of me, it is difficult to see how bureaucrats and politicos in Washington are so ready to damn many hard-working bankers as a group for making “too much” money while other genuinely overpaid groups are left to make their fortunes politically undisturbed.
By the way, a high-priced TV star still gets a fancy bonus for leaving a job from a giant broadcaster, whose parent company is getting Uncle Sam’s bailout money. And ballplayers are indirectly being financed by bailout funds of their bosses’ subsidized ballparks.
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