This can’t be right. Right? 475:1 in the USA????!!! Seriously? Is it?
Probably not! It looks like that number might be from 1999 (although the other numbers don’t match exactly). The Institute for Policy Studies found that in 2010 the ratio was only 325:1.
FYI, this number is based on average CEO compensation (“salary, bonuses, perks, above-market interest on deferred compensation and the value of stock and option awards”) for 332 members of the S&P 500, and Department of Labor statistics on “production workers,” which I’m not going to look up the definition of. Anyway, so 325:1! Things aren’t so bad!
And the weather outside is lovely - feels like a great night to hang out with Occupy MN.
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erikostrom reblogged this from bigboxcar and added:
Probably not! It looks like that number might be from 1999 (although the other numbers don’t match exactly).
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bigboxcar posted this
