To: rface
"In 1980, the CEOs of Fortune 500 large corporations received, on average, 70 times larger annual compensations than their average employees. Under the Bush Administration, comparable CEOs have come to give themselves 600 to 1,000 times larger annual compensations than their rank-and-file employees whose pay has stagnated."
I'd like to see the basis for that claim. I'm no defender of huge CEO salaries, but I have a hard time believing they've increased 800 to 1200 percent in 4 years.
To: Steve_Seattle
Steve
I'm not sure how he got his numbers either for the last 4 years. I think the salaries rose that high under clinton also. I think he was saying that currently the ceo's salaries are 600-1000 times higher than the employees which is correct.
Read the uSA article last week. It's sickning. Not just the salaries but the unbeleivable perks. While at the same time the rank and file employees are paying more for their health care and are losing their pensions or are being outsourced, layed off etc.
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