You are correct in principal ... we should all have it better. However, now that I'm a bit older, I ask questions about productivity and such. If we are earning more than we are actually producing, someone is paying the bills. It is either someone else (which is not fair), or coming from the pockets of our children (incredibly not fair). I think the previous generation screwed us badly. It is our responsibility to not pass it on. But you are definitely right about issues like CEO pay being unfair and beyond any true productivity.
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