It was recently reported that the median CEO salary in America is 10.5 million dollars per year.
That’s an increase of 8.8% over last years median CEO salary.
That’s almost a 1 million dollar raise…per year.
How big of a raise did you get last year?…if you got one at all…
(You might have even taken a pay cut…or had your entire job cut.)
How long can our Republic continue on this path of immense raises to our wealthiest, while middle and lower income earners stagnate under lower wages, lessened benefits and the burden of increasing debt?
I understand that it works great for the wealthy but…How is this a responsible and sustainable economic model for the free and modern world?
I too want a raise and can it be in millions please.
Funny! I was just thinking about this today in the shower. Your timing is fortuitous
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How long? Until there is nothing left to take! Responsible? As if the policy makers care. You ask the right questions, good post!
We learn from the media that the country is slowly recovering from a recession that left so many unemployed. We all assume that there just isn’t enough to go around. How can we ever get back on our feet when there’s an entire social class that behaves above general dignity and respect?
Unfortunately, we have become America, land of the free and home of the greedy. I never thought I would see the day when a small group of Americans would stand by and let others lose their homes and their jobs because of greed. MIT is not a pretty chapter in this nation’s history.
That should say “IT is not a pretty…..” not MIT!!
And the justification for such outrageous pay packages : We need to attract the best people . What an insult to working people , eh ?
How is this a responsible and sustainable economic model for the free and modern world?
It’s not and they don’t care. Not just a failure to care about inequality and basic fairness; they don’t care about the structural damage that this does to our economy and our democracy.
so inspiring to see minimum wage workers standing up and demanding an increase in their poverty level wages – about time!