The other question though is what is wrong with teachers earning a bit more than the average of degrees? Consider that most common degree Bachelors in Arts (for Business). Business degrees are a dime a dozen and are relatively easy to attain. Why shouldn't teachers be paid more than those people?
Ted Cruz is the dumbest person alive.
Catawa is my favorite bleeding heart liberal.
Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
It's simply more efficient to run a hierarchical business. If you want inefficient, your business will lose. It's that simple (in general)
$1M can motivate a single, ambitious and capable individual to create real business growth and sustainability.
Paying that money out to 1000 employees as a $1K bonus each would not create significant growth of that business or contribute anywhere near the stability of a good CEO at the helm.
The business won't exist without the capable leader, but it will exist if they don't get the $1K bonus that year.
Now, take it one step further, and you are actually in competition. If you were such a fool as to divvy the $1M up and not get a good CEO, guess what? The competitor down the road did get the good CEO. They now are putting you out of business. $1K isn't enough to lure away all his employees fast enough to help either. All those $1K bonuses will make a good start on the severance packages you now have to pay to all the employees at the firm you just sunk. Failure.
That's why we don't need politicians and public employees trying to tell the business community how to run a business.
It helps when I put my winger ten-foil hat on occasionally.
The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say