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WOLFSBURG, GERMANY - MARCH 07: Employees walk below automated conveyors moving partially-assembled Volkswagen Touran and Tiguan cars at the Volkswagen factory on March 7, 2012 in Wolfsburg, Germany. In 2011 Volkswagen achieved record results, with profits of EUR 15.8 million and production of over 8 million cars worldwide. (Photo by Sean Gallup/Getty Images)
WOLFSBURG, GERMANY - MARCH 07: Employees walk below automated conveyors moving partially-assembled Volkswagen Touran and Tiguan cars at the Volkswagen factory on March 7, 2012 in Wolfsburg, Germany. In 2011 Volkswagen achieved record results, with profits of EUR 15.8 million and production of over 8 million cars worldwide. (Photo by Sean Gallup/Getty Images)
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If Automation Reduces Payroll, Why Aren’t Things Cheaper?

A single farmer can till and plant several times the acreage of a farmer 20 ago. But consider the cost of the equipment making that possible.

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SAN FRANCISCO, CA - SEPTEMBER 22:  Oracle CEO Larry Ellison delivers a keynote address during the 2013 Oracle Open World conference on September 22, 2013 in San Francisco, California. Ellison kicked off the week-long Oracle Open World conference that runs through September 26.  (Photo by Justin Sullivan/Getty Images)
SAN FRANCISCO, CA - SEPTEMBER 22: Oracle CEO Larry Ellison delivers a keynote address during the 2013 Oracle Open World conference on September 22, 2013 in San Francisco, California. Ellison kicked off the week-long Oracle Open World conference that runs through September 26. (Photo by Justin Sullivan/Getty Images)
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Who Cares What a CEO Makes?

I guess I somehow missed the rule that says there is supposed to be an “etched in stone” percentage between hourly workers and CEO’s that can’t be violated.

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