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Thu 2 Jan, 2014 05:39 am
In America the public manage their money by giving most of it away to those they admire - the self-made, successful CEO's (chief executive officers or big bosses). They then wait to get their CEO correctly adjusted allowance back, through trickle-down or some other charity.
Also known as Republicanism, the public believe that only the CEO has the expertise to tax them and only the CEO knows how much money they might get back, if any. Here is the ratio of salaries paid to top-tier CEOs and those paid to the same firms’ average employees in four countries:
Sweden 13:1
France 15:1
Britain 24:1
United States 475:1
What would happen to the public if the CEO's did not exist? or if a government working for the public interest organised the public's monetary affairs instead? The CEO's warn us that if this were to happen the public would end up living a life of brain-washed, unproductive chaos. This is why the American's hate socialism.