Does this make anybody sick ?

Discussion in 'Current Events' started by klein, Jan 4, 2010.

  1. klein

    klein Für Meno :)

    Your annual pay in just a day in an entire year. » How much they made
    Country's highest paid execs earn in a few hours what the average Cdn earns per year.

    TORONTO - Canada's 100 highest paid CEOs pocketed an of average $7.3o million in 2008, the same year Canadians were hard hit by the emergence of the worldwide recession, according to a new report by the Canadian Centre for Policy Alternatives.
    Economist Hugh Mackenzie, who authored the report, said that's 174 times more than the average Canadian wage.
    And while the average compensation for the top CEOs outpaced inflation by 70 per cent between 1998 and 2008, people earning the average income lost six per cent to inflation over that period, he said.
    "To put that in perspective, Canadians will work full-time throughout the year to earn the national average of $42,305," Mackenzie said.
    "The top 100 CEOs pocket that amount by 1:01 p.m. on Jan. 4 - the first working day of the year."

    And, I'm sure, it's even worse in the United States.
  2. bbsam

    bbsam Moderator Staff Member

    No, it does not make me sick, it makes me ambitious ("ambishus" for those who need "foneticks". You know who you are.)