I don't think Obama is being a Robin Hood. The rich are sucking up disproportionate amounts of wealth. The Average CEO makes over 1000 times the average employee. Does he really work 1000 times as hard, could he not live with 500 times more? Those at the top hold the purse string and if no one forces them to give up some of the gains from the fruit of our labor than they never will. Don't kid yourself they will still be greedy and still do business here, but if the little guy can get a piece of the pie than America is a more equitable country.
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I don't think Obama is being a Robin Hood. The rich are sucking up disproportionate amounts of wealth. The Average CEO makes over 1000 times the average employee. Does he really work 1000 times as hard, could he not live with 500 times more? Those at the top hold the purse string and if no one forces them to give up some of the gains from the fruit of our labor than they never will. Don't kid yourself they will still be greedy and still do business here, but if the little guy can get a piece of the pie than America is a more equitable country.
Dec 11 12:21 pm
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All Comments by Buffett Jr »Taking Profits - Thanks, Obama [View article]