Posted on 05/22/2016 7:01:04 AM PDT by rktman
The Center for Union Facts found in its own analysis Friday that many union presidents hammer the corporate wage gap, but still make more money than the average CEO.
The AFL-CIO found the average CEO of a S&P 500 company Tuesday made 335 times more money than the average worker in 2015. Union Facts countered the analysis, highlighting that S&P 500 companies tend to be among the largest. Instead, when all CEOs are taken into account, union presidents often get paid more.
Dozens of union bosses rake in cushy six-figure salaries on the workers dime, Union Facts Executive Director Richard Berman told The Daily Caller News Foundation. Many of them make more than CEOs. And they spend member dues still mandatory in many states on a host of luxuries, from $160 dinners and luxury wines to pricey limousine services.
(Excerpt) Read more at dailycaller.com ...
Unions really never grasped the concept of supply and demand.
They should break things down into smaller demographics and compare today vs 30 years ago. Things look a lot different if you compare
* union worker vs CEOs
* middle class vs CEOs
* single mothers vs CEOs
* high school drop outs vs CEOs
The “wage gap” for most of these groups isn’t much different than 30 years ago (at least in some studies). What is different is that we have a lot more of the population in the low-income groups.
If Ds really want to “fix the wage gap” they may want to start by focusing on the size the low-income groups that have grown (e.g. single mothers).
Of course they don’t want to fix it or they’d lose a campaign issue. The more money their friends (CEOs) make the more those friends can donate and the more they can push the “wage gap” issue.
These self-serving fascists would have us believe that the minimum wage earner should have their paychecks increased by taking it from the CEO salary.
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