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X ` Man X ` Man is offline
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First recorded activity by BoatBanter: Aug 2011
Posts: 1,646
Default No wonder we are f'cked...

On 10/7/11 8:05 AM, BAR wrote:
In ,
says...

In ,

says...

On 10/5/2011 7:03 PM, Canuck57 wrote:
On 05/10/2011 4:47 PM, North Star wrote:
On Oct 5, 4:53 pm, X ` wrote:
Rates of pay, comparing CEO's with the average worker:

Japan 11:1
Germany 12:1
France 15:1
Italy ` 20:1
Canada 20:1
South Africa 21:1
Britain 22:1
Mexico 47:1
Venezuela 50:1
USA 475:1

--
I'll believe corporations are people when Texas executes one.

That's unbelievable... and I thought Canada was bad!

While I agree in principle that CEO and executive salaries are far too
high in the US and in Canada, I do question when a fleabagger posts
stats without a citation to back it up. Probably from some anti-business
fleabagger site.


Specially this particular fleabagger...


But the question is, is this data true, or do you have some other data
that says otherwise? It makes absolutely NO difference to me where it
came from, if it's real.


The question is did Harry pull the data out of his ass? Or, did he pull
it from a leftist union rag?



Neither, BirdBrain. The numbers, especially the one pertaining to the
USA, has been discussed in the media for at least a generation. It's
gone up and down a little, but the ratio is pretty much the same. It
isn't my fault if you are ignorant of the reality that the super rich
get that way mostly by ****ing the middle class.

Here's a bit of the info you seek:

http://www.usatoday.com/money/compan...010/45634384/1

And mo

http://www.bnet.com/blog/business-re...2-million/1649


According to the second article, average CEO pay is $12 million a year.
I believe the average worker's annual pay is about $35,000 a year.

$12,000,000 / $35,000 = 342. Now the ratio may be higher or lower,
depending upon whose figures you use, but the fact remains that USA
CEO's are grossly overpaid compared to worker bees, and it is especially
egregious when you factor in what many CEO's are doing these days to
American workers: shipping their jobs offshore and drastically downsizing.

It is not my fault or problem if you righties have your heads stuck so
far up your asses you can see your tonsils.

--
I'll believe corporations are people when Texas executes one.