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Monday, May 28, 2012

Study: CEO Pay Increased 127 Times Faster Than Worker Pay Over Last 30 Years | ThinkProgress

Study: CEO Pay Increased 127 Times Faster Than Worker Pay Over Last 30 Years | ThinkProgress:

"Compensation for chief executives at American companies grew 15 percent in 2011 after a 28 percent rise in 2010, part of a larger trend that has seen CEO pay skyrocket over the last three decades. Workers, on the other hand, have been left behind."

'...American income inequality has skyrocketed,
growing worse than it is in countries like Pakistan and
Ivory Coast. Wealth inequality is worse than it was
even in Ancient Rome. And, as pay skyrockets and tax
rates fall for the richest Americans, the rising
inequality has left the bottom 95 percent of Americans
saddled with more debt than ever before.'

Travis WaldronThink ProgressMay 3, 2012

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