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On 12/2/10 10:44 PM, michael perelman wrote: > At the time that we are about to preserve the tax cuts for the very > rich, a New York Times article shine a nice light on the extent of > inequality. > > "At its high point, six decades ago, DiMaggio's salary came to $100,000. > That was a lot of money in 1950, equivalent to about $900,000 today. > DiMaggio earned about 30 times the median family income back then. Mr. > Jeter, however, earns roughly 300 times as much as today's median family > income -- assuming that the family has any income at all. With > unemployment stubbornly stuck at 9 percent -- plus, many people are > watching this battle of the millionaires with very cold noses pressed > against the window." > > Haberman, Clyde. 2010. "Fewer Millions for Jeter? Say It Ain't So!" New > York Times (30 November): p. A 23. > http://www.nytimes.com/2010/11/30/nyregion/30nyc.html?ref=clydehaberman > I am a Mets fan so all the controversy over Jeter doesn't involve me that much. But as a listener to sports radio stations in NYC, you can hardly ignore all the chatter over Jeter being slighted by the Yankees for being offered "only" 15 million dollars per year in a 3 year contract. Of course, the Steinbrenners are far more greedy than any baseball player they pay. But the whole thing really makes your flesh crawl. With such mammoth suffering in NYC, the idea of Jeter feeling resentful really makes a lot of people like "Vinnie from Staten Island" aggravated. Here's an article on Jeter selling his apartment for $20 million. http://www.huffingtonpost.com/2010/09/09/derek-jeter-lists-apartme_n_710534.html#s136787 ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
