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[quote=Anonymous][quote=Anonymous]Teachers, plumbers and trash collectors have less schooling . . . And they're all in the same category.

[quote=Anonymous][quote=Anonymous][quote=Anonymous]12:02 Both jobs are necessary, but it doesn't mean that they have any equal economic value.  Should a cardiac surgeon spends many years in school and residency make the same as a plumber or a nanny or a cashier?  All are needed professions, but the cost (in terms of both time and money) are not the same.

BTW--I can and have done my own plumbing.  Not everyone was born with a silver spoon.  It just doesn't make economic sense for me to do my own plumbing repairs anymore.[/quote]

Duh!  The question is not whether they should have different incomes.  The question is: how different should their incomes be?  Should the poor plumber (actually, the richester person in my neighborhood is a plumber, so this is actually a bad example, but anyway...) have to live in a neighborhood with no police?  Should his kids have to go to schools with 40 children per class?  Should he not be able to buy a home?[/quote]

NP. I agree. Although the[b] plumber/trash collector/teacher [/b]has less schooling and should make less, its an issue of how much of a difference.

From wikipedia...
Just about every socio-economic indicator shows that the distribution of income in the United States is becoming increasingly unequal. In 2010, the top 20% of Americans earned 49.4% of the nation’s income, compared with the 3.4% earned by the roughly 15% of the population living below the poverty line. This earnings ratio of 14.5 to 1 was an increase from the 13.6 to 1 ratio in 2008 and a significant rise from the historic low of 7.69 to 1 in 1968. Looking back even further to 1915, an era in which the Rockefellers and Carnegies dominated American industry, the richest 1% of Americans earned roughly 18% of all income. Today, the top 1% account for 24% of all income.
http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States
[/quote][/quote]

My husband, a PhD in history had a TON of schooling and he probably makes less than most plumbers.  Don't fool yourself: It's not about the schooling, at least not for all professions. Nor is it about contribution to society, otherwise kindergarten teachers would make $320,00 a year (http://www.nytimes.com/2010/07/28/business/economy/28leonhardt.html). [/quote]

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