If I hear one more Obama radio spot……
Ya know the one, the one with “CEO’s who earn more in 10 minutes than the average worker earns in 1 year. Yep, that one!
Let’s do the math shall we:
$48,201 Average annual salary per US Census Bureau 2006
x 6 1 hour divided by 10 minutes
x 2,080 Annual hours worked
$601,548,000 Obama’s mythical CEO Salary
Exactly how many corporate CEO’s are earning this? Pretty much none. Look at the Fortune or Forbes data. To be sure, some CEO’s have cashed out stock options and retirement benefits that are mind-boggling but these folks are an exception rather than the rule. By the same token I’ve known some individuals who worked in R&D at a local consumer products company (guess who, they are out of Texas but used to be headquartered here until taxes made them flee south) who retired with about $2 million between 401(k) plans and other retirement money. They’ve worked hard for a 30+ year career and became successful. Want to nail them, too?
This Obama ad is pandering to the “stick it to the rich” segment and the “all corporations are evil” mentality.
It is going to be interesting to say the least.
5 comments:
I agree with the sentiment of your post.
I do have a question. Are we only going to see a post out of you about every 2 months?
Part of my posting problem is that I have the attention span of a gnat. I start thinking of something to post, often start writing and then PFFTT-it is gone before I can finish.
I'll try to post more regularly!
I'm in the "Stick it to the rich" camp.
Turnabout is fair play...the rich corporate CEO types have been sticking it to many of us in the middle to lower middleclass for almost 8 years.
Come next November, the pendulum might swing back in the other direction!
Piss on the "trickle down" theory!
..and we're supposed to accept the analysis of a guy that doesn't know the difference between median and mean?
Well we’ve have George W. as our leader for 8 years. It boggles the mind! Our commander in chief can't even string together 2 lucent sentences, yet he's the leader of the free world. Only in America!
Post a Comment