Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: TimF who wrote (81306)	6/3/2007 1:36:54 PM
From: JBTFD	Read Replies (1) of 93284

<<" "CEO jobs are too few to effect the averages much even though they pay so high." Disagree. Disagreeing is totally nonsensical. Their are very few CEOs in the US. Esp. if you only include CEOs of at least mid sized companies (small company CEOs, tend to make a lot less money). CEOs with $100 mil dollar "golden parachutes" make headlines, but their are very few of them. There are three hundred million people in the US, compared to a few thousand large company CEOs and a much smaller number getting the type of salaries that make headlines. Median would give a more accurate picture of what we are talking about. That's a matter of opinion. But even if you take median. Median total compensation has also increased.>> If one accepts average compensation as an accurate barometer then you have made your point although the increase has been very modest, and who knows what type of statistical shenaigans goes in to the numbers they use to create the average compensation. That being said, it still doesn't negate my point that offshoring is a negative force for the American worker. There is no way to compare the rate as it is today with the rate as it would be if offshoring were not part of the picture. It also says nothing about how much harder the average American works in order to get the income that is modestly higher. As for housing affordability, it has gone down. You are deterrmined to point out all of the exceptions, and there may be some, but the fact is that on average housing afforability has gone down during Bush's term. There are ups and downs to this, but I see it as a reflection of inflationary money policy that is poking it's head up in many housing markets. There are many people I know that could not afford to buy the house they live in and own and bought years ago if they had to buy it over again now at today's prices. This is real inflation that is not accurately reflected in the official inflation statistics. It is the downside of the very loose monetary policy we saw after 911.

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