Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
If the average worker makes 50k. But seriously, it's the big corps that are the probem, in many ways. Only thinking of the bottom line, too many tax breaks, not enough training for jobs going begging for whatever reason (I blame the cheapskate, bought off, pander to the rich, New BS GOP, of course.The average Fortune 500 CEO has gone from 20x the average worker in the fifties, 40 x in 1980 to over 300X today. It's not a lie, tho I may have made a mistake in forgetting that. BFD. Big corps are the problem.Hater dupes, always making innocent mistakes into crimes....THE POINT IS, giant corps and the greedy rich, cronies of the GOP, are ruining the country, and you vote for them, being totally misinformed and not informed by their propaganda machine....Can you read?
Yes, I read and pointed out where you lied.
always making innocent mistakes into crimes
You've been spreading that lie for years.
Don't worry, your stupidity isn't a crime.
The average Fortune 500 CEO has gone from 20x the average worker in the fifties, 40 x in 1980 to over 300X today.
Yes, it's awful, 500 guys who run massive companies make a lot of money.
Average CEOs only make 4 times what the average worker makes.
Speak for yourself, superdupe.In the fifties, CEOS made 23x the average workers pay, 40 times when Reagan started, now over 300x, with other officers same deal, dupe.BS,read something.Off the backs of the proletariat no less !!!
They be Owed....... lmfao
The Demise of the American Middle Class In Numbers.
Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 35 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = The Fed - Financial Accounts of the United States - Z.1 - Current Release
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Those workers must be magic!
Do they produce more all by themselves?
Or is there any company equipment involved?
A 13% drop since 1980
You don't think workers can get more than 100% of a company's earnings, forever, do you?
I mean, I know you're a liberal, and therefore clueless about business and economics, but that's some seriously bad math you're pushing for.
If the amount workers can save goes from 10% to -1%, I'd call that a disaster for everyone. And your comment idiotic.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
Great job!
In the fifties, CEOS made 23x the average workers pay
So what?
now over 300x,
You're wrong. You're either lying, or stupid. Probably both.
Top CEOs make more than 300 times the average worker | Fortune.com
fortune.com/2015/06/22/ceo-vs-worker-pay/
Jun 22, 2015 - With these increases in mind, it should come as no surprise that the ratio between averageAmerican CEO pay and worker pay is now 303-to-1.
CEO pay is 300 times greater than their employees - Jun. 22, 2015
money.cnn.com/2015/06/22/news/companies/ceo-pay/index.html
Jun 22, 2015 - The average total compensation of CEOs at the 350 largest firms, including stock options and other bonuses, came to $16.3 million in 2014, according to EPI. That compares to just over $50,000 inpay for their workers.
Top CEOs Make 300 Times More than Typical Workers: Pay Growth ...
www.epi.org/.../top-ceos-make-300-times-more-than-workers-pay-growth-surpasses-...
Jun 21, 2015 - The CEO-to-worker compensation ratio, 20-to-1 in 1965, peaked at .... Average worker paysaw relatively strong growth over that period ...
Why corporate CEO pay is so high, and going higher - CNBC.com
www.cnbc.com/2015/05/.../why-corporate-ceo-pay-is-so-high-and-going-higher.html
May 18, 2015 - The average corporate CEO makes 373 times the average worker. ... The shift toward cashnow may reflect higher stock prices, according to the ...
And you're an INTERESTED GOPer...
Why exactly does America need the Republican Party?
Because the Democratic Party would totally fuck up the entire country if the GOP wasn't around to keep them in check.
I will give you Strom Thurman ... Now who else became a republican??? Robert KKK Bryd? Al the racist Gore senior? Please beguile us with this long like of racists that became Republican....You mean before all those southern conservatives became Republican.Because we were not the Democrats?
You know the guys that brought us the KKK, the Jim Crow Laws? Those guys?
that president was corrupt as hell.Democrats ran the worst, most corrupt, most incompeten criiminal candidate in US history while cheating, engaging in election fraud, violence, and trying to strip Americans of their Freedom of speech...called for military coups, threatened Electoral College voters in an illegal attempt to overturn the legal election, and called for the assassination of the newly elected President...
...and Snowflakes ask why America needs Republicans....
BWUHAHAHAHAHAHAHAHAHAHA...
you somehow left out that since nov 22nd 1963 when our last great president was in office,that every president since then has been worse and more evil and corrupt than the previous one.I hope trump reverses that trend.
