Economic View - Should Congress Put a Cap on Executive Pay? - NYTimes.com

Economic View - Should Congress Put a Cap on Executive Pay? - NYTimes.com

I do not believe in a cap on executive pay. We are still a free market economy. There are executives who were incompetent and destroyed the company they managed. These executives should be fired, and in some instances jailed for illegalities. Think Wall Street, AIG, GM, Fannie and Freddie. The firing rule should also apply to government officials. Think Hank Paulson, Chris Cox and a host of Bush lackeys. Fortunately, those government officials will drift off into never never last on January 21. JIm