‘Tolerate Inequality to Achieve Prosperity’

You wonder if these guys ever listen to themselves.

A Goldman Sachs International adviser defended compensation in the finance industry as his company plans a near-record year for pay, saying the spending will help boost the economy. "We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all," Brian Griffiths, who was a special adviser to former British Prime Minister Margaret Thatcher, said yesterday at a panel discussion hosted by St. Paul's Cathedral in London.

Comments

[James Young]

Boy, that's for sure. What does he mean, "have to tolerate"? What he should have said was "should celebrate."

I hate the gutless.