You're Kidding Me With This, Right?

You know what, $500,000 a year (roughly $270,000 a year after taxes) in New York is plenty, plenty I say, for someone who helped drive the country into an economic recession the likes of which haven't been seen since the Great Depression.

The Grey Lady has an article about where just all that executive salary goes, and I'm pretty sure it's tongue-in-cheek, but well, not all that sure.

Well, I've got some advice for these people:

When you screw up big, you fall big. Take your kids out of Horace Mann, rent a Hamptons house instead of owning one, stop spending so much on vacations, and raise your own damn kids instead of relying on a nanny who doesn't look like you or have time for her own offspring.

And try shopping at, I dunno, Trader Joe's instead of Whole Foods for that macrobiotic diet that costs $15,000 per year to maintain.

Do I need to continue?

Plenty of people get by on much less than $500,000/year in New York. I know it's difficult to fathom, but there are people, people who are not your nanny or your doorman, people with college degrees, who get by quite comfortably on salaries that aren't even six figures.

Try it.

1 comments:

Anonymous said...

Umm, totally agreed. I find it sort of appalling that people are decrying a cap of $500,000 as if its too little to live on. As if they work harder than everyone else. As if they deserve 'more.' I'd be more than happy to see 1/5 of that salary someday. The fact is, contrary to what people think, American salaries don't perfectly correlate to how hard you work, and what good you are doing, and how much you deserve it. And after how much they fucked everyone over, they are still complaining about it.

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