In 1960 the average US wagw was $89.72 per week or about $4486 per year while CEO pay was about 40 times this figure--say $179,440. Putting these figures into Tom's inflation calculator:

http://www.halfhill.com/inflation.html

You'd come up with 2007 figures of $30,198 for average worker compensation, AND yes $1,207,931 for CEO's so year the average CEO should earn over a million a year. However, the PIG factor has kicked in:

http://www.epi.org/content.cfm/webfeatures_snapshots_20060621

You can justify crony capitalism til "the cows come home" but most of us are not going to swallow such total bullcrap. A PIG IS A PIG IS A PIG...


http://www.epi.org/content.cfm/webfeatures_snapshots_20060621