Apr 28, 2008
A recent look at the money given to chief executives at 200 large U.S. corporations found that their average pay last year was eleven million dollars per year – about $211,000 per WEEK.
The average income for everyone else working in the Washington, D.C. metropolitan area was $801 a week. In Detroit, the average was $703; in Baltimore, $664; in Chicago, $646; and in the Los Angeles area, the average weekly wage was $629.
So the average CEO makes the same as 300 or more other people.
Working people sure need to change this ugly picture.