@banthracis
You're spot on. According to
THIS article on CNNMoney.com the difference in pay when comparing a CEO to a worker is 364 times. I first saw this in a business week that showed other countries, and in most, the difference is between 15-30... not 364 (which is down from 411 in 2005).
It's always easy to look at others, but we're all guilty of it. Consumers want things NOW. Look at all the crap blizzard gets from people who want D3 and SC2 NOW. They don't care that blizzard makes quality, polished games... they just want their product now. Who cares if McDonalds food = garbage... you can have it NOW!
Until we have a shift in the way consumers approach life in general, we will continue to see other countries beat us in the market. Americans spend somewhere around 110% of their income ever year (this might not be true now with the recession, but guarantee you it was before hand). Americans continue to get in debt and blame the bankers for forcing these loans on them. Now don't get me wrong, the banks should be held accountable for their actions. In a relationship where one party, who is less knowledgeable than the other, is seeking guidance and advice from another party, who is an "expert" in their respective field, there needs to be some accountability.
I mean hell, they have 100 year bonds in Japan while people in the US simply pass on their debt to their children. Don't even get me started on pork barrel spending that occurs on both sides of the party lines or how both parties are the same wolf in sheep’s clothing, making empty promises and only furthering their own interests while giving a middle finger to the citizens.