Comments on: Wages/Profits

By: Rock

Rock — Tue, 10 Jun 2008 01:22:42 +0000

“What happens when the guy with the briefcase gets to the top of the escalator?”

Thats why they call it “the Golden Parachute”.

By: RichardN

RichardN — Mon, 09 Jun 2008 11:01:26 +0000

Mark Hoffer, please use less commas, your posts give me hiccups.
I like the cartoon but I think it is more representative of the late 90s. As matt10011 pointed out, today it should have just an escalator with people labeled “top management” standing still and going up on the left, and workers and shareholders on the right walking down (ie working but not moving).

By: STS

STS — Mon, 09 Jun 2008 06:36:57 +0000

Title: the Hedonic Treadmill

By: kate

kate — Mon, 09 Jun 2008 06:26:46 +0000

Singer, mark to fantasy profits are going up.

By: Mark E Hoffer

Mark E Hoffer — Mon, 09 Jun 2008 04:52:06 +0000

cm,

I see it now, that you pointed it out, though, contrast: “Look at the small print next to the artist’s signature”, with:

“too, bad, he didn’t give a shout out to M.C. Escher”

the image, partially, Is a wholesale lift from, said, M. C. Escher. It would held them, both, in good stead if Matson gave him greater recognition..

Really, no biggie, I, hardly, think it a Tort..

Though, again, past that, Singer asks a telling Q.. Do we, really, think we are producing Economic Profits, or, Are we willing to accept, merely, Financial Profits and pretend that the Wizard will separate us from the ill-winds of the Natural World?

By: matt10011

matt10011 — Mon, 09 Jun 2008 04:47:41 +0000

In regards to whether the shareholders (“capital”) will get screwed: given that the average bonus (“workers”) at Goldman Sachs last year was $300 THOUSAND! (huh, on average that includes secretaries?)…[re: Main Street America, is this reasonable???]…For Barry: Will shareholders of Lehman, Morgan Stanley, and Goldman be passive “plankton” amidst the “sharks”–or as these firms deleverage their business models, demand that the abnormal profits of the “laborers” go to “capital” (shareholders) instead???

By: Dogwood

Dogwood — Mon, 09 Jun 2008 04:24:15 +0000

The cartoon doesn't quite jive with this Big Picture post from May.

By: Zephyr

Zephyr — Mon, 09 Jun 2008 03:55:12 +0000

So it was… But I think the escalator ride is over.

By: stuart

stuart — Mon, 09 Jun 2008 03:19:35 +0000

Great picture. About says it all.

By: VennData

VennData — Mon, 09 Jun 2008 02:59:43 +0000

Next time your really worried about flag burning, or really extra concerned about gay rights, or your thinking about the long term consequences of pro-life vs. pro-choice…

Ask yourself, why, if drilling in ANWR is so important didn’t the GOP allow drilling when they had complete control of the White House and Congress? Why didn’t they? Hmmm….

The answer is, for all of the above: so that you’ll have someone to blame when their policies fail. So the suckers will blame the enviros when the lost production out of Iraq is many times the max potential from ANWR. OK, got it now?

Wages down? We need a “free market,” Oh yeah? How come there’s no “free market” in proxy voting for CEO pay, no free market in board selection, all those poison pills? What are your pension plans doing? What are your mutual funds doing while your wages go no where?

Vote.