Looks like some bosses are being paid more than the company they are running is worth. You think something might be a bit off in executive compensation? Ya think?
According to the Economic Policy Institute, in 2005 Ceo's were paid 821 times as much as a minimum wage worker. See the chart for how this ratio grew in 40 years from 51 times to 821 times.
Here is a nice article by Marshall Brain positing a hypothetical situation where executive compensation is halved (from $4-million to $2-million) and the lowest paid employees in that same company could have their wages doubled.
Many in politics would have us believe that this country can't afford it's poor -- where if you do the math, it's the ultra out of sight rich that are the greatest burden.
Enjoy your economic thinking,
Bp
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8 comments:
bastards
this shit burns me up, greedy fucking bastards.
sorry for the f-bomb
I hate this kind of shit. we could take care of so many people AHHHHHHHHHHHHHHHHHHH
Cussing is totally ok here, it's a rated R blog far as I'm concerned.
fuckers
that felt good...!
lol yes it did
How much does a person need? This is the accumulation of wealth and power purely for ego's sake.
aye, it's fucked up, deffy!
(sorry - I love the fword, and it's so appropriate for this article)
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