Monday, December 14, 2009

A Bit Rich?

The New Economics Foundation's study reveals that there's need to rethink how people are paid. Take the investment bankers, they are overpaid at the expense of others. They maybe good at creating wealth for themselves, and perhaps for their banks, but looking at the state of our current economy, they are draining the society. For every £1 they are paid, they destroy £7. Compare to hospital cleaners who create £10 of value for every pound they are paid.

It angers me reading about the very same bankers who landed us all in this economic climate, and yet they want to have their billions dollar bonuses while there are millions of people out of jobs and homeless since the start of this world wide collapse.

Those bankers might be rich on paper, but they really are poor.

2 comments:

Unknown said...

i agree, unfortunately i don't see much changing - can only hope it all gets fixed before the next major crisis...

triesti said...

I dont think it will change soon, because we need a shift.