January 5, 2012

Is America No Longer the Land of Opportunity?

So claims WaPo columnist Harold Meyerson. His references sound plausible. Is he cherry-picking them? I'll have to think about it.

Then again, this WaPo piece by David Ignatius, published the same day as Meyerson's, is much flimsier than its companion.

And there is Thomas Friedman's The Way We Used to Be.

Golly, if all these brilliant people had the same idea, it must be Journolist correct.

Seriously: I agree that top US executives are grossly overpaid--but that doesn't mean the answer is for the government to confiscate the money. I suspect the highest-echelon compensation system is a monopoly; if so, it should be treated that way.

No comments: