The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

What’s wrong with this picture?

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.