CEO’s make 347 times more than their workers? Nope. More like 62 times — actually less.
It’s no surprise that the AFL-CIO would put out an annual CEO compensation survey using ridiculously absurd, cherrypicked figures and dishonest assumptions. What is sad is that the lapdog MSM will report this “survey” annually as factual — not seeking dissenting viewpoints.
The result is more a reflection of the MSM liberal bias (and laziness) than a condemnation of the AFL-CIO. After all, the unions are EXPECTED to rig the figures to make their point.
If you are not subscribing to Economics Professor Mark Perry’s blog (his free daily email) you SHOULD be. He does terrific work. Below in this post he totally debunks the AFL-CIO survey. The union’s dishonesty is breathtaking.
Here’s the link to subscribe to his daily email: http://feeds.feedburner.com/aei-ideas/posts
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