First, I’m no apologist for CEO’s who rake-off outrageously large paychecks that no reasonable person can classify as “earned from value added”.
And, I understand that politicians like to huff, puff, lie and throw stones at fat cats.
But, when Hillary goes into her hypocritical rants about overpaid CEOs I gotta shake my head.
Prof. Mark Perry posted a great analysis debunking Clinton’s frequent riff about CEO pay being “300 times that of the average worker.”
Cutting to the chase, Perry crunched some BLS data and concludes that the ratio is more like 4-1/2 to 1 … $216,000 to $49,000
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Why the difference versus the 300 to 1 campaign rhetoric?
