cant get the image to post, but here is the info
5.7% - increase in worker annual compensation from 1978 to 2011
349.1% - increase in S&P 500 from 1978 to 2011
726.7% - increase in CEO annual compensation from 1978 to 2011
published by the economic policy institute report "CEO pay and the top 1%" published may 2, 2012
This is informative but you Have to take into account why a workers wage went up 5.7 percent in the same time.
The American economy is in a constant state of churn. Historically one new business is born about every minute, while another one fails every eighty seconds. In 2012, there were 13.4 million private sector jobs created or destroyed each quarter—that’s equivalent to one in eight private sector jobs. Despite all of that churning, only 600 thousand net jobs were created each quarter duringthat same year. That’s equal to about half a percent of private employment.
Remember in 1978 you had the US Steel industry collapse. Thousands of workers lost good paying jobs and were either unemployed, under employed or on assistance. Look at the last recession, construction workers, financial workers and auto workers, same thing. Look at every year inbetween 1978-2011 and the churning of business and industry that changed.
Look at the revenue that companies are making with ONE CEO and able to provide new jobs when all of those industries came and went. The numbers in your report are skewed.
Look at minimum wage in 1978-2011? Minimum wage increased 174% in that time....