Sunday, October 25, 2009

Obama, the Economy, and Cheney?

The Obama administration slashed executive pay at seven companies that received taxpayer bailouts, many are asking if it was the right decision. What do you think?

What repercussions will the decision to cut executive pay have on Wall Street? Do you think it will have any impact on the broader economy?

Dick Cheney is criticizing President Obama, saying his decision on whether to send more troops to Afghanistan is taking too long? When do you think Obama will make his decision?

The surge debate in Iraq took months to decide.

**** By 2007 the median S&P 500 CEO earned in three hours what a minimum-wage worker pulled down in a year! And Great Recession or no, 2009 looks like more of the same. - Time Magazine on Executive Pay

1 comment:

The Pitcher said...

I believe that this was a good decision, especailly since the cuts apply to the companies that received the bailout. This may have a negative effect on Wall Street but, even so it is more important that the main street workers get more equal pay. It is absurd that these execs are pulling in this much money. As for Afghanistan, it is clearly taking way too long, Mchrystal asked for the troops 2 months ago and yet Obama has more time for the war on the Fox network rather than focusing on a major issue at hand.