Friday, February 04, 2011

Trickle Down or Pissing On Theory?

Dilbert by Scott Adams

Teacher Retirement System gives bonusesBy James Salzer

The Atlanta Journal-Constitution

While teachers went without cost-of-living raises last year and had to take unpaid days off, some top state staffers managing their retirement accounts got pay boosts of more than 35 percent.

The two investment chiefs at the retirement system took home $609,000 each, almost double what they were paid before the recession hit in 2007. – ajc.com Jan 30, 2010

I heard it before. The rich get richer and the poor get poor during a recession. Is this part of the trickle-down theory to save the economy?

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