"My father, who was from a wealthy family and highly educated, a lawyer, Yale and Columbia, walked out with the benefit of a healthy push from my mother, a seventh grade graduate, who took a typing course and got a secretarial job as fast as she could."

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When top executives get huge pay hikes at the same time as middle-level and hourly workers lose their jobs and retirement savings, or have to accept negligible pay raises and cuts in health and pension benefits, company morale plummets. I hear it all the time from employees: This company, they say, is being run only for the benefit of the people at the top. So why should we put in extra effort, commit extra hours, take on extra responsibilities? We'll do the minimum, even cut corners. This is often the death knell of a company.

— Robert Reich