Where is the US economy headed?

The article merely repeats a clain by the AFL/CIO (the ational labor union organization) that the CEO/"worker" pay ratio is 380 times "worker" pay. There is no source data cited and the definition of "worker" or just which employees of which companies comprise the data sets is also missing. Indeed no specifics of any kind are offered oither than the phoney ratio. The idiots don't even take the trouble to duplicate the duplicitous claims of their paid propagandists. They don't have to: they've got a following of close-minded, credulous fools like yourself to buy whatever mental garbage they put out.

All of the issues I have carefully described pertain fully to this totally unsubstantiated claim. They have data only for CEO's of publicly traded companiers: none for the CEO s of the privately held firms that employ the majority of workers. No definition of "workers" is provided. Is it the average employee? The median? the lowest paid workers? the difference could easily mean a factor of 10 difference in the ratio. It would seem reasonable for one who had some professional qualifications as an auditor to have himself asked these questions.

These folks depend on the unquestioning credulity of prejudiced people like yourself to perpetuate their falsehoods and deceptions. You aren't stupid: why don't you occasionally take the trouble to think for yourself???

Do you really believe that finding additional web sites that repeat the same bullshit distortions somehow constitutes a form of "proof" ?????


There's no opening a closed mind.

They wrote,

They have included 299 companies of the 500; that's 60% of the S&P's 500 companies, a majority by any analysis.

It's up to you to refute this claim with reliable sources. They provide enough information for you to do the homework to refute their claim.

Here are a list of studies done by universities and other organizations that studies these issues that includes the Wall Street Journal. Where do you get your information?

http://www.aflcio.org/content/download/1090/9807/version/1/file/Why-CEO-to-Worker-Pay-Ratios-Matter-For-Investors.pdf

Whatever the discrepancy it waits upon the tolerance of the people.

Even at 100 times it is an obvious injustice and has the smell of the Ancien Regime.

There are no CEOs without the workers just as there were no plantations without the slaves.

There would be no democratic party without the slaves.

In which case the last election was a slave uprising. And the one before.

if you say so, but the turn out doesn't support your claim.

Black Americans and others are escaping the liberal democratic plantation whenever they can.

Maybe you should read before you claim it doesn't include certain things that it clearly does.


It compares the wage date of a typical worker from BLS data to the SEC filings of 300 companies which list executive pay.

The S&P includes a subset of publicly traded companies involving the largest corporations in the nation. The privately held companies in this country employ more people than all the publicly traded ones, and the sample involved here includes onl;y the largest of the publicly held corporations. Thus the sample represents only a fraction of American workers. In addition the definition of "typical worker" includes only the unskilled or low skilled folks at the bottom of the pay scale. The average wage of employees in these same companies is likely well over twice the values here. The comparative data usually used for other countries involves very different definitions and assumptions.

These were precisely the flaws that I addressed above.

However, there's no opening a closed mind.

You're missing the whole point of the information provided; CEO's average pay is $17 million, and the average worker pay is $35,000. You will never "see" this disparity, because you continue to advocate for this lopsided variance in pay.

WRONG!!!

The median salary by BLS for ALL occupations is $756 per week.
http://www.bls.gov/bls/blswage.htm


That is based on 100,457,000 full time workers in 2011.


Yeah, closed minds make up their 'facts' like you do because they don't bother to check the actual numbers.

Tax cheat Timmy Gehitner is making the rounds telling lies
about a strengthening economy... just following orders sir.

Damn, the stock market is going around telling lies about the strengthening economy as it hits new 12 year highs again today.

Tax Cheat Timmy is not the stock market.

The liberals are probably hoot'n and a holler'n in joyful glee; they "think" our economy is just fine.

It's almost scary; my funds for YTD are up almost 4%, and it's only Jan 25th. Don't waste your time on watersquirt; he "never" provides anything worth reading.

All he knows how to do is to give thumb's down to those he disagrees with - without so much as any credible challenge. NONE.

Cods Wallop.

No, the stock market is the collective opinion of those that own stocks.
The people that own stocks think the economy is strengthening enough that they are willing to spend their money based on the economy getting stronger.

Many simply se it as the least bad of the available options. The Bond market appears a good deal less secure now, and with an effective zero interest rate which conveniences the Fed which is looking to get existing money circulatind, and the government which has increased its debt to the extent that servicing it is a potentially crippling cost. Not many options when you are in a corner.

Yes.

Investing in the market puts capital at risk. It isn't a least bad option if the economy is tanking. It is the WORST option because stock prices will go down.