LA INVASORA 1600
espaƱol english

WWRL Hosts Blog


It pays to be a greedy CEO and screw over your workers

by John Campanario posted Apr 20 2012 4:29PM
The AFL-CIO is out with their new Executive Pay Watch report – revealing that CEOs at Fortune 500 companies made on average $12 million each in 2011.  They’re now getting paid 380-times more than their average worker.  That’s a slight increase since 2010 – and a massive increase since 1980 – when, before Reaganomics, CEOs were paid only 42-times more than their average worker.

On top of that – CEO pay increased nearly 14% in 2011 – compared to a meager 2.8% increase in worker pay that same year.  The rich are getting richer and the poor are getting poorer – creating the largest wealth inequality gap in America since right before the Stock Market crash of 1929.  And rather than doing something about it – multi-millionaire Congressman Paul Ryan and the Republicans want to make wealth inequality even worse with a $3 trillion tax cut for the nation’s Romney-rich.  We can’t afford to do that – in fact, we need to be doing just the opposite.

We need to roll back the Reagan tax cuts – and make the Romney-super rich pay their fair share in taxes again. 

Listen to me live Monday through Friday 3 PM to 6 PM on WWRL AM 1600.
Filed Under :
Topics : Social Issues
People : Paul RyanPay Watch
04/20/2012 4:29PM
It pays to be a greedy CEO and screw over your workers
Please Enter Your Comments Below
Title :
Comment :
On Air Now
Recent Posts
Conoce la pagina web para infieles que esta causando furor
Conoce la pagina web para infieles que esta causando furor
Conoce la pagina web para infieles que esta causando furor
Conoce estas 10 cosas extrañas que hace tu cuerpo cuando duermes
IRONIAS DE LA VIDA
Tag Cloud
No Tags Found !
Blog Categories
Archives