Two graphics that explain EVERYTHING: the Republican War on the 99%

[CrispyQ]

14. Unfuckingbelievable.

http://tmotr.wordpress.com/2011/07/04/going-for-broke-will-legislate-for-food/

snip...

In the 1950?s the pay separation between the CEO’s and average workers in what we now call the Fortune 500 companies used to be about 20 to 1 (a CEO made 20 dollars for every dollar a mid level manager made. ) 20 to 1 was here in American and extreme compared to the rest of the world where even now it is more commonly about half of that. During the 1980s the pay gap between CEO’s and average workers grew from 42:1 to almost 85:1. By 2004 it had jumped to 301 : 1. And now???… well now, right here in the good old US of A, the ratio of CEO pay to average worker pay is running 475 to 1 while in Japan, a very profitable nation with a very good standard of living, the ratio is 11 to 1. The average Japanese CEO would kill himself in shame if his company failed so badly that it needed to be bailed out by the government in order to stop the world economy from crashing. American CEO’s take bonuses of 15 million dollars for doing that.

In case you need somebody to characterize that for you… that’s a bad thing. This level of greed is not a sign of American business success and superiority. It is an example of institutionalized insanity because these companies can and do lose billions of dollars in a single year and the CEO’s still make the monster money.

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graphic from this site: http://www.jadaliyya.com/pages/index/2814/chart_ratio-of-pay-between-ceos-and-workers-in-var