Pity the Poor Traders on Wall Street

They're whining about only making $500,000 a year.

Look at this graph:

The average pay on Wall Street is over $360,000 a year. The average private sector job in New York City pays $66,000. That's averaging in everyone from a janitor to the corporate executives headquartered in NYC, so it's a safe bet that the majority of the private sector workers aren't pulling in $66K a year.

(We really do need to start up the guillotine factory.)