Dear AIG Quitter, Screw You!Submitted by Allegory on Fri, 03/27/2009 - 09:28
To the Editor:
Like Jake DeSantis, I come from a solidly working-class background. I am a professional for whom a 10-plus-hour day away from my family is not unusual. Unlike Mr. DeSantis, I earn in the mid-$40s.
The $742,000 “retention payment” Mr. DeSantis received for one year’s work is more than I have earned in my working life. I also worked hard during the economic boom. Somehow, I cannot afford to write a showy resignation like his; I must keep working.
A.I.G. is not our economic problem. It is a symbol, as Mr. DeSantis now is a symbol. While most Americans dread unemployment, his ability to choose unemployment freely seems perverse. The problem is not Mr. DeSantis’s bonus, or A.I.G., but the stagnancy of most Americans’ wages over decades while compensation for people like Mr. DeSantis has surged. The problem is income disparity.
Steven P. Millies
Aiken, S.C., March 25, 2009