[wastoute]

As I recall the exorbitant salaries for CEOs was a response to the heavy tax burden (%90) the gummint inflicted on them. To get a million a year to take home one had to surrender the “gummint tithe”, hence a salary of twenty million. So comparing a CEO gross annual earnings to a $25,000 per year janitor really is being quite dishonest but then dishonest is what libtards do best.

[expat_panama]

Good morning and YIKES!   NASDAQ marks up yet another distribution day  and IBD has changed the official market outlook to 'market under pressure'.  On top of that our futures trader colleagues say we're looking to another -1.03%.  That's stark contrast to their +0.38%  for metals but understand that gold&silver are right now off from their recent highs down to $1,282.72&$17.33. 

Econ news:

8:30 AM Export Prices ex-ag.
8:30 AM Import Prices ex-oil
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
10:00 AM Business Inventories

Other headlines:

Job Market Is Getting Stronger, Not Weaker - Barry Ritholtz, Bloomberg
Robots Will be Greatest Job Creators Ever - John Tamny, RealClearMarkets
Euro Is a Long Way From Challenging Dollar - Matthew Lynn, Telegraph
Eric Rauchway's Book Would Make Krugman Blush - Paul Moreno, L & L
Stumbles On the Way to 'Uberizing' Private Flight - Matt Krupnick, NYT
Does Rising Rig Count Signal End to Oil Rally? - Nick Cunningham,OilPrice

[Buckeye McFrog]

There’s some shaky math on both sides of this equation.

Everyone knows that CEO’s started taking most of their comp as deferred bonuses and stock options back when Clinton first started making a stink about this.

[BenLurkin]

Okay, say the CEO only made a million and the guy on the floor made fifty grand.

Still a gap.

[aMorePerfectUnion]

Having exposed the statistically manipulation, most Fortune 500 CEOs are paid far too much.

I speak as a capitalist. I’ve heard the arguments for outsized compensation, weighed them, and found them wanting.

[babble-on]

Dumb article that fails to make its point.

CEO’s of large publicly traded corporations in the US are making 12 million a year average, some much more.

Expanding the pool to the Russell 3000 means including every single publicly traded company, including much smaller ones, and you still end up with 6 million a year.

And then further changing the definition to salary, when most of the compensation is in equity-based pay, further conceals the truth.

US Corporate CEOs make a ton of money compared to US rank and file workers. That’s just true.

[Moonman62]

Does this account for the $100 million payouts CEO’s get when they run a company into the ground and get fired?

[central_va]

We need an H-1B visa program for CEOs. Obviously at this price there must be shortage.

[central_va]

IBD is becoming the “onion” of business pubs.

[Graybeard58]

Major League baseball players get a minimum $507,000 per year, while little league players get nothing. Now that’s a gap!

[Diana in Wisconsin]

Meh. I’m retired now, but when I was earning The Big Bucks, I made 3x what the lowest-paid worker made.

If the schmuck unloading trucks or cleaning toilets could do my job, he’d HAVE my job.

P.S. I started OUT unloading trucks and even as the Manager, I STILL scrubbed a toilet and unloaded a truck when needed. And guess what? The guy earning 3x LESS than me respected me all the more.

Again, Meh. Leftards always have their nose out of joint...when it needs to be against the grind stone! ;)