Jim_S
Gone But Not Forgotten
September 14, 2018
Average worker's pay has actually risen much faster than average CEO pay
By Jack Hellner
A
https://www.americanthinker.com/blo...y_risen_much_faster_than_average_ceo_pay.html
On a continuing basis, Democrats, including the media, are playing the race, sex and class cards while they pretend they want to unite the country. One of the talking points is the bald-faced lie that CEOs make over 300 times the average worker and their pay is rising faster than the average worker. There are around 250,000 CEOs in the U.S., but somehow we only hear about the top few hundred.
In 2005, the median worker made $46,242 and the average CEO made around four times that amount, or around $180,000. In 2017 the median worker made a record $61,372 up around 33%, and according to the Bureau of Labor Statistics, the average CEO made $183,270 in 2017 or just a 2% or 3% increase in twelve years. The average CEO today makes just three times the average worker, so why does media just repeat the lie? Obviously because they collude with Democrats heightening class resentments, and they don’t want the public to know the truth or they are too lazy to do the research.
Historical Nominal Median Household Income for the United States
Date
US
2008
$52,029
2007
$50,740
2006
$48,451
2005
$46,242
Source: https://www.deptofnumbers.com/income/us/
The BLS reports:
This article from the American Enterprise Institute gives average CEO pay vs. the average worker from 2002 to 2014
We repeatedly hear the talking points that the Trump tax cuts are for the rich and big corporations but there are a huge number of economic indicators that indicate that Trump’s policies are lifting the economy as a whole. While the media generally reports the good news, they do it quickly and almost immediately get back to the Democrat talking points.
Some of the indications of overall growth are GDP growth of 4.2 percent for the seconnd quarter and probably 3% for the year, a record number of job openings and unemployment claims at 50 year lows despite a much larger labor force.
Consumer and business confidence have surged since Trump was elected and small business confidence is at the highest ever surpassing the previous record of 35 years ago.
CNBC
The Washington Post recently had an excellent article about how the economy has approved in rural and small communities and that is certainly not the rich.
Recently Kohls, TJ Max, Walmart and others have reported improving sales and earnings. The The Target CEO says it is the best consumer environment he has ever seen. Those facts certainly indicate that the economy is being lifted as a whole.
As a nerd who actually does my own research instead of repeating talking points, the Bureau of Labor Statistics page is a favorite site.
The following are numbers from December 2016 at the end of Obama’s term, and after that August 2018, 20 months after Trump took office. Why aren’t Democrats cheering the good news that indicates that all groups are being lifted up?4
Total Non-Farm Employment
145.4 Million
149.3 Million
Total Private Employment
123.1 Million
126.9 Million
Manufacturing employment
12.4 Million
12.7 Million
Construction employment
6.8 Million
7.3 Million
Part Time Employment
5.6 Million
4.4 Million
Unemployment Rate 16-19 years old
7.9%
6.3%
Unemployment Rate Hispanics
5.9%
4.7%
Unemployment Rate Blacks
7.9%
6.3%
Unemp Rate-Less than HS
7.6%
5.7%
Unemp Rate HS Graduate
5.1%
3.9%
Of course the Democrats’ policy suggestions as a result of all this economic success are the same agenda they have had for decades because results don’t matter. They want more government and to head towards socialism. They want government control, more money and more power. They advocate for guaranteed income, single payer health care, higher taxes and more regulations.
It is obvious that capitalism and the private sector are what gives economies the greatest results, the greatest innovation, the greatest opportunity to be lifted out of poverty and to achieve independence. It is truly a shame that the media supports those who call themselves progressives but who want to move backwards to what gave us the slowest economic recovery in seventy years. Why would anyone in their right mind want that?
On a side note: Since the Washington Post and other dimwits are blaming Trump for Hurricane Florence, are they giving him credit for what appears to be the current weakening of the storm. He seems to have the power to both strengthen and weaken storms at will. That is amazing. I have to wonder why he guided the storm into red states where there are competitive elections coming up instead of just sending the storm to New York where he doesn’t have a chance? I assume the WP gives Obama credit for the lull in hurricanes for almost 12 years.
Average worker's pay has actually risen much faster than average CEO pay
By Jack Hellner
A
https://www.americanthinker.com/blo...y_risen_much_faster_than_average_ceo_pay.html
On a continuing basis, Democrats, including the media, are playing the race, sex and class cards while they pretend they want to unite the country. One of the talking points is the bald-faced lie that CEOs make over 300 times the average worker and their pay is rising faster than the average worker. There are around 250,000 CEOs in the U.S., but somehow we only hear about the top few hundred.
In 2005, the median worker made $46,242 and the average CEO made around four times that amount, or around $180,000. In 2017 the median worker made a record $61,372 up around 33%, and according to the Bureau of Labor Statistics, the average CEO made $183,270 in 2017 or just a 2% or 3% increase in twelve years. The average CEO today makes just three times the average worker, so why does media just repeat the lie? Obviously because they collude with Democrats heightening class resentments, and they don’t want the public to know the truth or they are too lazy to do the research.
Historical Nominal Median Household Income for the United States
Date
US
2008
$52,029
2007
$50,740
2006
$48,451
2005
$46,242
Source: https://www.deptofnumbers.com/income/us/
The BLS reports:
This article from the American Enterprise Institute gives average CEO pay vs. the average worker from 2002 to 2014
We repeatedly hear the talking points that the Trump tax cuts are for the rich and big corporations but there are a huge number of economic indicators that indicate that Trump’s policies are lifting the economy as a whole. While the media generally reports the good news, they do it quickly and almost immediately get back to the Democrat talking points.
Some of the indications of overall growth are GDP growth of 4.2 percent for the seconnd quarter and probably 3% for the year, a record number of job openings and unemployment claims at 50 year lows despite a much larger labor force.
Consumer and business confidence have surged since Trump was elected and small business confidence is at the highest ever surpassing the previous record of 35 years ago.
CNBC
The Washington Post recently had an excellent article about how the economy has approved in rural and small communities and that is certainly not the rich.
Recently Kohls, TJ Max, Walmart and others have reported improving sales and earnings. The The Target CEO says it is the best consumer environment he has ever seen. Those facts certainly indicate that the economy is being lifted as a whole.
As a nerd who actually does my own research instead of repeating talking points, the Bureau of Labor Statistics page is a favorite site.
The following are numbers from December 2016 at the end of Obama’s term, and after that August 2018, 20 months after Trump took office. Why aren’t Democrats cheering the good news that indicates that all groups are being lifted up?4
Total Non-Farm Employment
145.4 Million
149.3 Million
Total Private Employment
123.1 Million
126.9 Million
Manufacturing employment
12.4 Million
12.7 Million
Construction employment
6.8 Million
7.3 Million
Part Time Employment
5.6 Million
4.4 Million
Unemployment Rate 16-19 years old
7.9%
6.3%
Unemployment Rate Hispanics
5.9%
4.7%
Unemployment Rate Blacks
7.9%
6.3%
Unemp Rate-Less than HS
7.6%
5.7%
Unemp Rate HS Graduate
5.1%
3.9%
Of course the Democrats’ policy suggestions as a result of all this economic success are the same agenda they have had for decades because results don’t matter. They want more government and to head towards socialism. They want government control, more money and more power. They advocate for guaranteed income, single payer health care, higher taxes and more regulations.
It is obvious that capitalism and the private sector are what gives economies the greatest results, the greatest innovation, the greatest opportunity to be lifted out of poverty and to achieve independence. It is truly a shame that the media supports those who call themselves progressives but who want to move backwards to what gave us the slowest economic recovery in seventy years. Why would anyone in their right mind want that?
On a side note: Since the Washington Post and other dimwits are blaming Trump for Hurricane Florence, are they giving him credit for what appears to be the current weakening of the storm. He seems to have the power to both strengthen and weaken storms at will. That is amazing. I have to wonder why he guided the storm into red states where there are competitive elections coming up instead of just sending the storm to New York where he doesn’t have a chance? I assume the WP gives Obama credit for the lull in hurricanes for almost 12 years.
