RBReich - The CEO-to-worker pay gap at America’s largest companies was 344-to-1 last year. In 1965, the ratio was 20-to-1.
The Conversation - Should the U.S. get rid of pennies, nickels and dimes? The debate has gone on for years. Many people argue for keeping coins on economic-fairness grounds. Others call for eliminating them because the government loses money minting low-value coins. One way to resolve the debate is to check whether people are still using small-value coins. And there’s an unlikely source of information showing how much people are using pocket change: the Transportation Security Administration, or TSA. Yes, the same people who screen passengers at airport checkpoints can answer whether people are still using coins – and whether that usage is trending up or down over the years... The latest TSA figure shows that during 2023, air travelers left almost US$1 million in small change at checkpoints. This is roughly double the amount left behind in 2012.
1 comment:
Hey! We can't get rid if the penny and the dime. which, when combined with our dollar (coin or paper, but coin illustrates things visually much better) are our best introduction to The Metric System.
Oh ya... I guess we really don't them after all do we.
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