How gross is CEO pay in the Fortune 1000? Even conservatives are criticizing it.

One item on my column-idea list is to catch up with the damage wrought by Stanley Black & Decker bigwigs John Lundgren and Nolan Archibald. The two agreed to combine Stanley with Black & Decker a while back with plans to increase profits by firing thousands.

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Never thought I'd get beat to it by Cal Thomas. My impression of Thomas was that he's a social conservative more than an economic conservative, and this column supports that:

Thomas obviously hasn't been reading his Milton Friedman. George Will once made a good conservative response to criticism of corporate layoffs, which was: Why should any company employ more people than it needs? But the combo of layoffs and gargantuan pay is especially distasteful.

Here is the whole Thomas column:

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