Posted on 05/01/2021 10:04:22 AM PDT by rktman
To gin up class warfare, Biden said during his speech to the nation this past week that the average wage of CEOs is 300 times that of American workers.
That is a blatant lie. There are an estimated 195,530 CEOs in the U.S., and according to the Bureau of Labor, their median salary is $185,950, or 3.5 times the median wage of an average worker who makes $25.50 per hour.
The CEOs make around as much as the 535 members of Congress, and members of Congress get much higher pension benefits and a lot more time off.
The median annual wage for chief executives was $185,950 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $62,780, and the highest 10 percent earned more than $208,000.
The median pay for 2,774,300 executives was $107,680 in May of 2020.
Biden continued his string of lies by claiming that higher taxes won't materially change results, so why did he and Jill do everything they could to save $500,000 in Medicare taxes?
(Excerpt) Read more at americanthinker.com ...
(Mrs rktman has held two jobs as "ceo". She did NOT make a buhzillion dollars)
Uh oh $15 just graduated to $25.50
How much $$$ is HE fair sharing? How many houses do they really need?, how bout they share their “extras” with some homeless folk, veterans or Oh! those much needed “undocumented dreamers”??
He is fully reprobate demagogue. He always has been.
He’s old and in early stage dementia now also so he is manipulated.
He was not elected and a military dictatorship, or techno totalitarian system, has taken over.
It’s not good.
He’s a Democrat politician, he lies as naturally as he breathes.
If Biden is speaking...he is lying.
REALITY CHECK: CEO's who create jobs and goods, and tax revenue, earn just about as much as the 535 members of the Congressional swamp.
Plus the elected swampers in Congress
<><> (A) get much higher pension benefits,
<><> (B) a lot more time off, and,
<><> (C) sure thing money-making opportunities a CEO can only dream of.
The swampers also know the ropes on evading taxes (b/c they make the rules):
Joe and Jill are so rich, they moved hell and high water to evade paying the $500,000 they owed in Medicare taxes.
Fauxahauntus has forked tongue also. Where’s Lizzy Warpath been?
From the article:
“The median annual wage for chief executives was $185,950 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $62,780, and the highest 10 percent earned more than $208,000.”
There you go taking the median, which is more resistant to outliers than the average, again! Must be more of that racist math.
Biden sold his soul decades ago.
He has been a compromised man every since the plagiarism rap.
The average pay for CEO’s isn’t what is reported by this article....it is a complete lie. Sure, maybe base pay, but most execs have wildly lucrative compensation packages well beyond base pay.
Zuckerburg makes a dollar in pay, but that isn’t his compensation.
But, Joe is lying too.....his lips are moving. I can’t believe this lying dementia riddled loser is the president of the united states. Our country is lost.
He doesn’t lie all the time. He only lies when his lips move
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