Reply #26: Average American income rose 1.1% last year. CEO's? Up THIRTY-EIGHT PERCENT.

[blondeatlast]

The chief executives of America's 500 biggest companies got a collective 38% pay raise last year, to $7.5 billion. That's an average $15.2 million apiece. Exercised stock options again account for the main component of pay, 48%. The average stock gain was $7.3 million.

http://www.forbes.com/lists/2007/05/03/highest-paid-ceos-lead-07ceo-cz_sd_0503ceo_land.html

Real median household income in the United States rose by 1.1 percent between 2004 and 2005, reaching $46,326, according to a report released today by the U.S. Census Bureau. Meanwhile, the nation’s official poverty rate remained statistically unchanged at 12.6 percent. The percentage of people without health insurance coverage rose from 15.6 percent to 15.9 percent (46.6 million people).

http://www.census.gov/Press-Release/www/releases/archives/income_wealth/007419.html

And keep in mind--the Census figures INCLUDE the CEO boosts. Think about that a while.