Why can't people like Katie Couric live on a measly $1 or $2 million?

[Armstead]

That, IMO, is the real issue in Katie Couric's hiring.

It's not so much whether she has the appropriate "journalistic" credentials or not. Perrsonally, I don't think she does, but no less thnt newsreaders like Brian Williams....But the days of Walter Cronkheit are long gone.

But Jeeez what makes these Superstar Anchors worth so damn much money? Jusat think of she had "sacrificed" to earn a crummy $1 or $2 or even $3 million, think how how many other reporters, researchers, bureaus, etc. their networks could pay for.

The ridivulous salaries shows that the problem isn't that the networks can't "afford" to do real news, or make some sacrifices of profits for the idea of public service. It's just that their priorities refloect the "Winner Take All" nature of modern life.

And it doesn't say much about the integrity of peope like Couric that they play along with it and exploit it. I don;t begrudge her the rewards of success, but fer kripe sake, why does she feel the need to grab more money than she can possibly spend at the epense of thge people she works with and the basic resources of news?

[SammyWinstonJack]

1. Ah, they're greedy? So how much is she getting for this promotion?

[Heewack]

2. Ratings.

She's paid according to the ratings they believe she will pull. I'm not sure why you would think that others around her are sacrificing with their salaries or monies allocated for the news.

[Armstead]

4. Do the math

If you spend $15 million on ONE PERSON's salary, that's $15 million that doesn;t go into other salaries or resources.

[catmandu57]

3. The same thing with athletes, entertainers, and ceos

Why they're so overpaid and someone working themselves half to death I don't know. Honestly the whole damn thing is top heavy, it's really suprising that it hasn't crashed of it's own weight.

Then again it's my opinion that nobody needs more money than what they can spend in a couple of lifetimes. I don't care who the fuck you are, or what your special talent is, as long as there are people living in hunger and despair for whatever reasaon, people don't need to sit on piles of cash.

[Blue_In_AK]

5. Thank you so much for saying that...

I personally believe that ALL salaries should be capped at no more than $500,000 a year. If you can't live on almost $42,000 a month you've got a serious consumption problem.