There must be something wrong with this country when we pay professional athletes six figures, new attorneys working on Wall Street $60000, and we pay teachers what we do. — Janet Reno, early 1990s Lets look at why:1. There is a market for ball players and a partially nationalized market for teachers with little effective competition.2. There are less than 1000 ball players and millions of teachers.3. There is competition for the best in baseball.4. We have unions negotiating teachers salaries, but not attorney salaries.5. Why aren’t movie stars included there? Is it because that is to close to the home of the Reno supporters?What would be the solution she would advocate? A national board to limit athelete salaries? Attorney salaries? Janet Reno
Janet Reno, early 1990s