The CEO-to-worker compensation ratio is now 312-to-1.

[Toddsterpatriot]

The American dream is very much alive and well
for a few folks. ( According to a 2017 study by the Economic Policy Institute (EPI ).

The global elite are getting ready to gather in the Swiss Alps for the World Economic Forum (WEF), and while the backdrop may be one of “deepening gloom over the global economic and political outlook,” a new analysis reveals that for at least some of the attendees, the outlook is sunnier than ever.

Released by Bloomberg just ahead of the gathering in Davos, it shows how the net worth of some of the “gold-collar executives” that will be attending have surged in the ten years since the financial crisis.

JPMorgan Chase chairman and CEO Jamie Dimon, for example, now holds $1.5 billion—a threefold increase over the decade. Stephen Schwarzman, co-founder and CEO of private equity giant Blackstone, meanwhile, saw his wealth surge sixfold, as his net worth is now $12.3 billion. Rupert Murdoch’s wealth similarly went up nearly sixfold, with his fortune now at $18.3 billion. Salesforce CEO Marc Benioff, for his part, is now worth $6.5 billion—a more than ninefold increase.

But, the reporting notes, while the economic elite are enjoying a bigger slice of the pie, for regular Americans, “Wages have stagnated and while equity markets have risen, fewer U.S. adults are invested in the stock market than in 2009.”

“The data illustrate the ever-widening gap between the true haves—those in the 0.1 percent—and the have-nots of a global economy,” it adds.

To further illustrate the divide, the reporting also points to a study released last year by the Economic Policy Institute (EPI), which found that in 2017, the CEO-to-worker compensation ratio was 312-to-1.
Continued;
Davos Elites Are Wealthier Than Ever

The CEO-to-worker compensation ratio is now 312-to-1.

That's a damn lie!!!

 

[the other mike]

The CEO-to-worker compensation ratio is now 312-to-1.

That's a damn lie!!!

You're right .
It's probably more after you count the capital gains dividends and hidden offshore tax loopholes.

 

[Toddsterpatriot]

Why not? Who said you get to decide?

Me and millions of other Americans who never gave companies permission to move to China, Taiwan, Bangladesh, Honduras and Mexico then sell the shit back here in the global chain stores that ate up all the local businesses.
We've lost 5 million manufacturing jobs since 2000.

Me and millions of other Americans who never gave companies permission to move to China, Taiwan, Bangladesh, Honduras and Mexico then sell the shit back here in the global chain stores that ate up all the local businesses.

That sounds awful!
You should definitely do something about that the next time you vote your shares.

 

[Toddsterpatriot]

The doctor will clear it all up for you.
Professor Wolff discusses the economic dimensions of our lives, our jobs, our incomes, our debts, those of our children, and those looming down the road in his unique mixture of deep insight and dry humor. He presents current events and draws connections to the past to highlight the machinations of our global economy. He helps us to understand political and corporate policy, organization of labor, the distribution of goods and services, and challenges us to question some of the deepest foundations of our society.

I love Marxian economists. LOL!

 

[the other mike]

That sounds awful!
You should definitely do something about that the next time you vote your shares.

I'll keep that in mind Huckleberry. At least I don't blame Reagan like some do though.

 

[Toddsterpatriot]

The CEO-to-worker compensation ratio is now 312-to-1.

That's a damn lie!!!

You're right .
It's probably more after you count the capital gains dividends and hidden offshore tax loopholes.

Did you even read your silly link?

You're pretending that 350 CEOs is every CEO.

 

[Admiral Rockwell Tory]

The CEO-to-worker compensation ratio is now 312-to-1.

That's a damn lie!!!

You're right .
It's probably more after you count the capital gains dividends and hidden offshore tax loopholes.

Did you even read your silly link?

View attachment 241389

You're pretending that 350 CEOs is every CEO.

You will have to excuse him. He is a socialist and a dumbass, but then I repeat myself.

 

[the other mike]

I love Marxian economists. LOL!

Marx was a philosopher who really hated politics. All he cared about politically was workers rights and holding a mirror up to capitalism, showing how left to it's own mechanisms it will eat itself....which happened in 1929.

 

[the other mike]

...., but then I repeat myself.

Old drunks tend to do that.

 

[Admiral Rockwell Tory]

...., but then I repeat myself.

Old drunks tend to do that.

Then why don't you do it more often?

I don't drink thanks, because I don't want to die. Try your lame insults elsewhere.

 

[the other mike]

Who's this old dude trolling on me here ?

 

[Admiral Rockwell Tory]

I love Marxian economists. LOL!

Marx was a philosopher who really hated politics. All he cared about politically was workers rights and holding a mirror up to capitalism, showing how left to it's own mechanisms it will eat itself....which happened in 1929.

See you don't even know Jack Schitt about your hero!

Karl Marx is best known for his economic theory.

He is also known for being the father of the great comedians. "The Marx Brothers".

 

[Admiral Rockwell Tory]

Posting videos without commentary?

TOS violation?

BTW, I love the home made quality of this video. Low budget doesn't even begin to describe how pathetic it is.

 

[the other mike]

Try your lame insults elsewhere.

Lame insults like this ?

You will have to excuse him. He is a socialist and a dumbass, but then I repeat myself.

 

[Admiral Rockwell Tory]

Try your lame insults elsewhere.

Lame insults like this ?

You will have to excuse him. He is a socialist and a dumbass, but then I repeat myself.

Your knowledge of Mark Twain is also lacking, you incredible dumbass!

 

[the other mike]

Who's this old dude trolling on me here ?

Stop editing my posts old man.

 

[Admiral Rockwell Tory]

Who's this old dude trolling on me here ?

Stop editing my posts old man.

I didn't edit your post dumbass! That stupidity is yours and yours alone.

 

[the other mike]

I didn't edit your post dumbass! That stupidity is yours and yours alone.

You realize when you go around calling people names that it makes you look bad right ?

 

[Admiral Rockwell Tory]

I didn't edit your post dumbass! That stupidity is yours and yours alone.

You realize when you go around calling people names that it makes you look bad right ?

Stop being a dumbass and I won't tell the world your little secret.

 

[the other mike]

Stop being a dumbass and I won't tell the world your little secret.

No deal Huckleberry.