As someone has said, how would you like to be making $200,000 a year today after 25 years on the job? Well, if you started with the pay of an average worker 25 years ago that's what you'd be making today--if you got the same kind of raises that CEOs of American companies got for the past 25 years!
Are we really to believe that those CEOs “value-added contributions, expertise, and decisions” are so grandly in excess of ours that this is how it should be? With 75% of America today making $50,000 or less (often far less), it doesn’t take a finance major to figure out the above calculations (or to know that something is off), and that wages have been stagnant or falling for the average worker.
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