Without a standard, money numbers are out of control.
These three CEOs were paid $460 million over five years (Ben Rooney, CNN, March 6, 2008). That's each $15,333 an hour.
Money is not corn. It cannot grow. If some people receive more, other people must receive less.
Bell those cats; express their incomes in years! Express all incomes, prices, and wages in work time. That's what "calibrate" means. You can do it right now. Just divide all prices by your wage per hour and you will know the real price that you are paying for what you buy.
The Gross Domestic Product of the United States in 2012 was a bit more than $50 per hour. To convert millions of dollars to years of work at $50 an hour, just add a zero.
$1 million = 10 years
$10 million = 100 years
$100 million = 1,000 years
$460 million = 4,600 years.
We have a minimum wage; we need a maximum wage.
$100 an hour would be $200,000 a year, more than four times as much as the U.S. median income of $46,000.
It's wrong that a few people take far more than they need while other people are starved of what they need.
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