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Or simply, everything wrong with America in one handy chart.
Sources: AFL-CIO Executive PayWatch, Institute for Policy Studies, and Economic Policy Institute.
See Also: American CEO pay over time
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This is insane. The worst part is that the ratio of CEO to worker pay in the US used to only be about 1:30 in 1970, about 1:40 in 1980. Then as soon as Reagan took over and fiscal conservatives started busting up unions, lowering taxes for the rich, and deregulating, everything started going to hell. http://www.portfolio.com/interactive-features/2007/06/salary_comparison
Trickle down has failed.
According to the American exceptionalists, everybody else is doing it wrong.
Where did these statistics come from? While I have no reason to believe that you’re lying to us, I would very much like to be able to confirm these statistics myself by viewing the sources that you used.
Yep – would be nice if they had left some type of explanation of how those conclusions were arrived/obtained. Personally, not only do I think this is wrong, but posting some wild chart like this without notes as to how/who did this is beyond unprofessional.
My back and the backs of all working American’s are being broken by carrying the rich and greedy around. For them to actually think they have a right to earn these kind of salaries on the backs of their workers is immoral.
We do not have to borrow from China, they could balance our budget in a heartbeat! When a Saudi Prince can afford to throw a $750,000,000 party for his 10 year old nephew then it is pretty clear we are paying to much for gasoline! The list goes on and on and on!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The sources are there, are you being facetious?
i’de like to see qatar and saudi arabia too.
The study comes from 3 of mark Krolls students, and is 10 ys old. Recent figures shows year 2000 up to 525:1. However, they never performed a study of the other countries, it’s figures taken right out of the air. This shows how dangerous it is to post anything on the net without checking sources. We saw what conservative posting of Obamas birth certificate did.