This stuff is hard to believe, anyone know the median income of the average American?
"Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money." George Carlin
"In making salary recommendations for the senior administrators, Nordenberg said, The increases are more than justified by the performance of these officers. They are compatible with the raises that have been awarded to others on campus, and the benchmarking that has been done by the committees independent consultant would support even larger increases.""
"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary." Adam Smith
[snip from article]
"Trustees said they had agreed to Chancellor Mark A. Nordenbergs request that he not receive an increase in his salary of $561,500 for FY12. In December 2010, Nordenbergs base salary for last year was set at $486,500 but trustees later rolled into that base salary the $75,000 that was part of an annual deferred retention incentive plan awarded to him each year for staying at his job through June 30."
University Times » Retention pay rolled into salary of 3 Pitt senior administrators; chancellor declines FY12 pay raise
And if you need more evidence check here: The Conservative Nanny State
"Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money." George Carlin
"In making salary recommendations for the senior administrators, Nordenberg said, The increases are more than justified by the performance of these officers. They are compatible with the raises that have been awarded to others on campus, and the benchmarking that has been done by the committees independent consultant would support even larger increases.""
"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary." Adam Smith
[snip from article]
"Trustees said they had agreed to Chancellor Mark A. Nordenbergs request that he not receive an increase in his salary of $561,500 for FY12. In December 2010, Nordenbergs base salary for last year was set at $486,500 but trustees later rolled into that base salary the $75,000 that was part of an annual deferred retention incentive plan awarded to him each year for staying at his job through June 30."
University Times » Retention pay rolled into salary of 3 Pitt senior administrators; chancellor declines FY12 pay raise
And if you need more evidence check here: The Conservative Nanny State