[MEG33]

If you study poverty ,you understand that we have richer poor in this country,we also have the extremely rich.I have never judged someone for being extremely wealthy...

Think how many people are working because of Walmart and ,despite the resentment about Chinese imports,all the money saved by the shoppers.

Without the wealth created by business owners,jobs would cease to exist.Viva la entrepreneur

[PoliSciStudent]

"Think how many people are working because of Walmart and ,despite the resentment about Chinese imports,all the money saved by the shoppers."

With respect, the numbers don't seem to bear that out. Studies done by state labor departments have typically found that when a Wal-Mart moves into a community, for every 1 job they create, they displace 3-5 local jobs, jobs which typically paid better and offered things like health care and other benefits. In other words, Wal-Mart destroys more jobs than it creates and the jobs it creates are less well compensated.

On the other hand, I do certainly agree that wealth is needed to generate jobs and that individual financial incentive plays a key role in driving business - although I may not be as conservative as some here, I'm be no means a Communist, either! :-) At the same time, I have to ask how much incentive there has to be to get the job done. In Europe, CEOs typically earn between 10 and 15 times the average salary of their workers. I dunno, that seems like a bunch of extra money to me. I'd sure be more motivated and work harder if I could increase my earnings by 1,000-1,500%, wouldn't you? In the US right now, the average CEO compensation package is over 400 times that received by their employees. 400 times?! Does one really need to make that much more than everyone else in order to be motivated?