ExxonMobil CEO defends profits

[75th]

Not all, but many. At least in California.

Here is where I draw this conclusion from.

I make really good money, at least I think so, and my job is easy! Air conditioned office, flexible hours, it can be mentally taxing at times, but generally its pretty smooth sailing.

Constrast that with the people here in California picking lettuce, strawberries, and tomatoes. Day in and day out that work is physically demanding, boring as hell (which takes a huge mental toll) and they get paid about 10% of what I do!

Then look at the senior management of my company, some of these guys take in TENS OF MILLIONS per year, is their job that hard? Not at all. They are generally smart, assertive people that make consistently good (and profitable) decisions. They are highly educated in most cases, have a certain charisma and presence that lends themselves to leadership roles.

maybe I am the exception, but I'll admit it, I don't work even half as hard as someone who washes cars or picks produce for a living. If someone offered me a raise to take one of those jobs I'd decline in a heartbeat!

Karl Marx couldnt have said it better.

 

[mrplunkey]

Karl Marx couldnt have said it better.

It couldn't have anything to do with the supply and demand for the various categories of labor, could it?

 

[EnderJE]

I bet the stockholders, average Americans, concur.

Somehow I don't see the 'average' Americans saying that. However, I do see their stockholders saying that.

I guess it depends on your version of 'average'.

 

[EnderJE]

I've never seen a study that says it does. I have, however, cited an NIH-funded study that shows pot use increases a person's chances of dropping out of school and/or missing school. The use of pot was shown to be a dominant factor in the study and its response was graded -- so the more they smoked, the greater the chances they would drop-out or miss school.

In scientific studies, when you find a dominant factor that demonstrates a graded response, its pretty much game over -- you've found your culprit.

I just enjoy the fact that citing education and educational opportunities is a liberal favorite for justifying wealth distribution. But then those same liberals won't stamp-out a dominant factor in limiting someone's educational progress. They basically say: "We're all about redistributing other people's money to the downtrodden, but if you ask us to put down the blunt we'll go into deep denial over its role in making those people downtrodden in the first place."

I figured that pot use / alcohol was a given to degrade student's performance.

 

[javaguru]

Somehow I don't see the 'average' Americans saying that. However, I do see their stockholders saying that.

I guess it depends on your version of 'average'.

I have a 401K that owns stock in oil companies, just like your average American's pension fund or 401k....The "average American" doesn't understand economics.