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Optimistic jobs report

By Tom Toles


Friday Rant: Don't do the math

While we're on the subject of Wall Street bonuses -- actually, we were on that subject last Friday, but close enough. While we're on that subject, and while we're waiting for some accountability for the economic disaster (that would be JAIL TIME, and it's been two WHOLE weeks since I first mentioned it, and indictments have not yet been issued). I just wanted to make a little comparison. Say a Wall Street guy gets a $10,000,000 bonus, which is not unheard of. If you make around $50,000 a year and work a few months, you might think that was a lot of work for just paying the bills, and just sort of paying them. But that Wall Street guy, he earned as much in those three months as you will earn IN YOUR ENTIRE LIFETIME.

Now, I ask you, if you do that calculation, how can that not be a smidgeon demoralizing? Are the architects of the vast superstructure of economic complexity that brought the world economy to its knees REALLY contributing that much more to society that they should be paid that much? I guess we can continue to pretend that this kind of compensation has no effect on the psyche or value system of the country, but, channeling Bartleby the Scrivener, I prefer not to. You can say, “Oh, there are things more important than money, rewards greater than financial. That your contribution to community, friends, family are worth more than mere dollars, and if you focus just on money, you are deficient in the true values of what makes life worth living. These other, better values are what make this the country we want to work in and live in.” That advice isn't what the financial firms hand out at the end of the year. --Tom Toles



By Tom Toles  | April 9, 2010; 12:00 AM ET
Categories:  Economy and jobs  
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Gurduloo: It was a cartoon stunt cat wearing a special bouncy suit. No cats, real or drawn, were injured in the making of this cartoon. Though several real cats are probably going hungry or being put to death at the shelters because their would-be caretakers don't have a job!

Posted by: donpaluh1 | April 9, 2010 4:36 PM | Report abuse

This just shows that the pinko commie Tom Toles hates cats almost as much as he hates America.

Posted by: Gurduloo | April 9, 2010 9:48 AM | Report abuse

Ways in which my job is like a cat:

- The more you want one's attention the less it thinks of you.

- You think you're getting something out of it, but really it's just using you.

- There's a lot of crap to deal with.

- It wants to invade your personal space at inopportune moments

I guess the choice of jobs = cats was my favorite part of the cartoon but that probably wasn't the intention.

Posted by: crayolasunset | April 9, 2010 8:49 AM | Report abuse

Am I the only person who remembers that employment is a lagging indicator and the last part of a slow down to recover? Otherwise Mr. Toles is resolute in talking down the economy when experts say the recession was over last summer.

Why does he persist?

Beats me.

Posted by: GaryEMasters | April 9, 2010 5:01 AM | Report abuse

Dead cat bounce oh that is so funny keep meowing that truth to power.

Posted by: taxcutsin12 | April 8, 2010 8:48 PM | Report abuse

Dead cat bounce oh that is so funny keep meowing truth to power.

Posted by: taxcutsin12 | April 8, 2010 8:46 PM | Report abuse

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