Stan Van Gundy Quotes
I've argued for a long time here... that I think that one of the things that is absolutely killing parity is the individual maximum salary.
Van Gundy, Stan. Press Conference. Detroit Pistons, 2017, The Palace of Auburn Hills, Detroit.
The debate over income inequality generally ranges between the two extremes of Christie’s hypothetical equal, mediocre salary to the extreme wealth of the 1% controlling most of the wealth. However , where America was moving in its most general affluent times was not towards equal compensation, but to a large range of remuneration with the low end and middle constantly increasing over time and the high end a reasonable multiple of the low end. However, the breakdown came in the last decades of the 20th century and the early 21st century when the low end did not increase (discounting for inflation) in 40 years, nor did the middle, while the high end increased enormously. So the nation had 40 years of growth without the lower or middle classes benefitting much and all the benefit going to the wealthy and most of that to the very wealthy. Thus the instinct was to tax the wealthy more heavily and spending the money to increase opportunity for the lower and middle classes. However, the political battle was waged over the taxing issue and not on what could be done to have the poor and the middle class obtain a larger proportion of the growth and a smaller percentage of the setbacks.
At the time, industrialists could not even conceive of the notion of negotiating over wages must less collective bargaining.
Stanley Alan Van Gundy is an American basketball coach who is the current head coach for the New Orleans Pelicans of the National Basketball Association (NBA). He served as the head coach and president of basketball operations for the Detroit Pistons from 2014 to 2018. From 2003 to 2005, he was the head coach of the Miami Heat but resigned in 2005 mid-season, turning the job over to Pat Riley. Van Gundy then coached the Orlando Magic for five seasons from 2007 to 2012, leading them to the 2009 NBA Finals. He is the older brother of former New York Knicks and Houston Rockets head coach Jeff Van Gundy.