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To: Old_Mil; 1rudeboy
The ratio of average CEO pay (now $11.8 million) to worker pay (now $27,460) spiked up from 301-to-1 in 2003 to 431-to-1 in 2004. If the minimum wage had risen as fast as CEO pay since 1990, the lowest paid workers in the US would be earning $23.03 an hour today, not $5.15 an hour.

If the statistics are wrong, I'm sure you'll be willing to provide correct ones and cite their source.

First of all, who makes $5.15 an hour anymore other than people who also earn tips? You'd be hard pressed to find anyone at a McDonald's earning minimum wage. Your source is the problem. If you'd spend more time on conservative sites you wouldn't fall for this leftist propaganda. Here's an article (from a conservative source) that debunks all the nonsense in your post.

A Phony Pay Comparison

151 posted on 03/15/2006 3:53:01 PM PST by Mase
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To: Mase
If you'd spend more time on conservative sites you wouldn't fall for this leftist propaganda. Here's an article (from a conservative source) that debunks all the nonsense in your post.

I spend plenty of time on conservative sites, thanks. The article you link to criticizes some of the methodology used to come up with statistics based on speculation - and most tellingly, does not put forth an alternative set of figures to show that CEO pay has not risen disproportionately faster than other pay grades.

As far as the stock options argument goes, that's fairly transparent; stock options (regardless how they are reported or expensed) effectively are part of a compensation package and should rightly be included in such.
155 posted on 03/15/2006 4:48:01 PM PST by Old_Mil (http://www.constitutionparty.org - Forging a Rebirth of Freedom.)
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