PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: DavesM who wrote (191212)	10/11/2001 10:45:53 PM
From: Mr. Whist	Read Replies (3) of 769668

DavesM: I don't think you're correct. CEO salaries have climbed every year since 1990. Here are a few more facts and figures for you and Hammer and the others to digest. Thanks. (1) The International Labor Organization recently reported that U.S. employees are putting in the longest hours of all workers in the industrialized world. (2) According to Business Week magazine, CEO pay now stands at 531 times that of the average worker. (3) If annual pay for production workers had kept pace with that of the executive suite, average earnings last year would have been $120,491, instead of $24,668. (4) Similarly, the minimum wage -- still stuck at $5.15 an hour, up from $3.80 an hour in 1990 -- now would be at $25.50 an hour. (5) Only 37 percent of American workers believe their company's communications with them are always honest. In other words, the climate for the average American worker is getting worse, while the average American CEO is earning 571% more in 2000 than he did in 1990.

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