Lacking his $212 rent, a 64-year-old Bellingham man apparently intentionally botches his $1 robbery of a local bank so that he will be jailed rather than becoming homeless. Forbes recently reported that the average CEO of a major corporation earns 331 times more than the average worker and 774 times more than the average minimum wage worker. That average CEO earned $11.7 million in 2013. That average worker earned $35,293. As a point with some local relevance, BNSF CEO Matthew Rose earned $15,608,223 in 2011, or 458 times the average worker. This is all happening when some actually criticize the effort to raise the minimum wage to $15 an hour. I’m fine with some reasonable salary differentiation, but not with factors of 331 or 774. I believe our income inequality and greediness is obscene. Even Charles Dickens couldn’t have imagined this scenario.
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