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To: Graybeard58
The ratio of average CEO pay to worker pay in the US shot up from a mere 301-to-1 in 2003 to 431-to-1 in 2004.

This is inherently misleading. As I understand it, the numbers are based on the S&P 500. So we're talking about the compensation of 500 people out of 300M. IOW, a significantly smaller group than professional athletes, whose compensation levels are similar and which nobody seems to get upset about.

I do believe these guys are overpaid, but that's the concern of those paying them.

4 posted on 01/24/2007 2:04:19 PM PST by Sherman Logan
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To: Sherman Logan
IOW, a significantly smaller group than professional athletes, whose compensation levels are similar and which nobody seems to get upset about.

WTF? People are always complaining about high player salaries. I, and several other people I know, refused to attend any more Rangers games when they decided to pay Alex Rodriguez $252 million over 10 years. We weren't going to subsidize his inflated salary by paying for $4 hotdogs and $6 sodas from our pockets.

59 posted on 01/24/2007 3:10:01 PM PST by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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