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CEOs Get Richer, Everyone Else Does Not

CEOs Get Richer, Everyone Else Does Not

Looking for a bigger pay day, or even a paltry cost of living increase at your next annual review?  Well, good luck with that — if you aren’t a CEO, odds are you won’t see much, if anything, at all.

Via Mother Jones:

It’s looking like top corporate executives raked in the cash in 2010:

CEO bonuses at 50 major corporations jumped a median of 30.5%, the bigest gain in at least three years, according to a study of the first batch of corporate pay disclosures by consulting firm Hay Group for The Wall Street Journal.

In 2010, median non-farm worker compensation increased by a mere 2.0 percent. With the exception of 2009, when compensation rose just 1.4 percent, that’s the slowest rate of increase in decades.

So why are the heads of major companies seeing such drastic increases, while the rest of workers not only aren’t seeing raises, but in many cases are finding their pay isn’t even keeping up with the rising costs of day to day expenses?

There are a lot of lessons to be learned from the multiple attempts across the country at busting unions while telling workers that they should just be happy that they have jobs.  And the more people that they can convince of that, the higher you will see executive compensation continue to climb.

 

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154 comments

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12:17AM PDT on Jun 7, 2011

Abortion???
CEOs I thought were the topic.

7:51AM PDT on Apr 18, 2011

interesting

11:42AM PDT on Mar 28, 2011

Ooops..sorry thought this was about CEO's BIG salaries and how the "workers" hardly get anything not abortion?

8:00PM PDT on Mar 27, 2011

I am pro-choice but if you want an abortion pay for it yourself. It's called responsibility for your actions. I never wanted children so I never got pregnant (I thank all the gods there ever were for planned parenthood). However I don't believe in using abortion as birth control. That is what is happening now.

12:45PM PDT on Mar 27, 2011

james j one alais of several kochroaches.. as a guy who gets paid well for your intrusive bs on this site and who has enough money to pay for it or good insurance and a job you don't need a pelvic exam for cervical cancer.. or a breast exam for breast cancer so of course you don't give a shit. Kochroaches are self serving, its obvious with the mindless crap you spew on all these sites..

8:37AM PDT on Mar 26, 2011

"In fact of all the services they do provide 2-3% are abortions - sorry, I was in error."

Depends on how you count things.
"[Planned Parenthood's] primary focus is abortion and it is big business," writes former Planned Parenthood clinic director Abby Johnson. She continues:
In 2009, Planned Parenthood had $1.1 billion, and $63 million left over after expenses (see page 29 of its annual report).

No wonder Planned Parenthood has established an organization called the Consortium of Abortion Providers, the primary goal of which is to turn every nonabortion Planned Parenthood clinic into an abortion-providing clinic. Planned Parenthood also recently issued a directive mandating that all of its affiliates provide abortions by 2013.
Planned Parenthood defenders respond that under the Hyde Amendment, (almost) no federal money can (directly) pay for abortions. But by heavily funding the nation's leading performer of abortions, federal money at least indirectly supports abortion on a large scale. This is absolutely clear. Johnson explains:
[O]f course taxpayer money helps to finance abortions at Planned Parenthood clinics. ...

Think for a moment how much it costs to pay for someone to perform the abortion, other medical staff for support, their health benefits packages and malpractice insurance to cover all of them, and then multiply it by more than 650,000 [the number of Planned Parenthood abortions in 2008 and 2009].

8:23AM PDT on Mar 26, 2011

"It intrigues me why republicans are always so angry. It's difficult to have a rational discussion with angry people."

Sorry! But it is the left that relies on anger to get its way. Just look at what happend in WI recently.

6:08PM PDT on Mar 25, 2011

The angry people here seem to all be left of center :)

Planned parenthood doesn't need federal funds. It can get by without them and the fact is that federal funds aid it in killing 4000 babies a day.

Now we all know that Planned Parenthood was started by Margaret Sanger, a racist with the eugenic dream of exterminating the black population, and I see no reason for us, as modern people, to continue to fund that dream.

5:51PM PDT on Mar 25, 2011

It intrigues me why republicans are always so angry. It's difficult to have a rational discussion with angry people.

Less then one third of the budget for Planned Parenthood comes from the Feds and you should be grateful for the services they provide, otherwise YOUR tax money would be paid in much larger sums to hospital ER's, you see like it or not people do need health services.

In fact of all the services they do provide 2-3% are abortions - sorry, I was in error.

Services provided at locations include contraceptives (birth control); emergency contraception; screening for breast, cervical and testicular cancers; pregnancy testing and pregnancy options counseling; testing and treatment for sexually transmitted diseases; comprehensive sexuality education, menopause treatments; vasectomies, tubal ligations, and abortion.



4:57PM PDT on Mar 25, 2011

"What you call facts I call propaganda, and of course political rhetoric, empty and fully without meaning."

Much of what comes from the left easily meets these definitions as well. But I would say it can not be that all of my material is "propaganda" as a significant amount is based on hard fact.

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