1.31.2007

Cribbing from the Best

In a speech right here in New York, today, Bush addressed the state of the economy and decried the sort of wildly disproportionate compensation for CEOs that has become par for the course. Some choice remarks:

''The fact is that income inequality is real. It has been rising for more than 25 years,'' the president said. ''The earnings gap is now twice as wide as it was in 1980,'' Bush said


It's funny...I almost feel like I heard something just like that recently:

"When one looks at the health of our economy, it's almost as if we are living in two different countries...The stock market is at an all-time high, and so are corporate profits. But these benefits are not being fairly shared. When I graduated from college, the average corporate CEO made 20 times what the average worker did; today, it's nearly 400 times. In other words, it takes the average worker more than a year to make the money that his or her boss makes in one day."


Poor Jim Webb...less than a month on the job, and he's already been co-opted by the Plagiarist-in-Chief.

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