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The Pros And Cons Of Income Inequality

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The Pros And Cons Of Income Inequality
Wages for the working class have remained nearly stagnant since the late 1970’s. Worker productivity has increased roughly 74% and wages have risen only 9.6%. Income inequality affects the majority of the working class. I have noticed more and more people discussing a guaranteed “Basic” income for all Americans. If you had $1000 given to you every month, you would be free to pursue an education or whatever your heart desired. Our freedom to pursue employment, education or not working at all is one of the guarantees of our Constitution. If CEO’s pay is too high, how do you propose to reduce it? I would tie any compensation for CEO’s to an increase in profits and customer satisfaction surveys.

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