The Rich Get Richer….


At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way back to prerecession levels, a USA TODAY analysis of data from GovernanceMetrics International found. Workers in private industry, meanwhile, saw their compensation grow just 2.1% in the 12 months ended December 2010, says the Bureau of Labor Statistics.

Source: http://www.usatoday.com/money/companies/management/2011-03-31-ceo-pay-2010.htm

Ok, what is going on here?  I thought maybe the big shots learned their lesson from the financial meltdown but I guess not. They are still giving themselves ten times the raise that we get.  Is it going to take a “Off with their heads” French type revolution to get their attention.  They can’t keep stiffing the working guy and get away with it. Of course the Republicans are the CEO’s biggest supporters of these guys and the ways. Surely the working stiff who vote Republican will come to their senses.  As has been proved again and again since the Reagan era “trickle down” economics just doesn’t work. When the robber barons get their big raises they stuff them away with their other millions.

But what do I know….

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