Entitlement Reform

It has gotten bad.  The economy is in a shambles, well-respected companies are being consolidated into oblivion, people are working harder for less buying power.  The culprits in some of these cases are entitlements.

CEOs, CFOs and the like all feel that they are entitled to tens of millions of dollars as a payment for coming into work.  For figuring out how to float another bond offering.  For deciding just how many people at each level of the business can be laid off to ensure that the numbers at the end of the year hit a magical number that multiplies their bonus.

The sense of entitlement trickles down to small people like the NCCCC’s Joe Fitzgerald who would begrudge an extra $20 per week to the employees in Delaware that are the working poor.  Medical inflation is at 4.5%.  All inflation, including energy, is at 4.0%.  Yet Joe feels that this $20 raise to support employees in Delaware is detrimental to business.  Paying your employees a fair wage is not detrimental to business, it is business.