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24 Times the President

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Tuesday, April 16, 2013

This past year, CEO pay averaged 24 times the presidential pay rate [of $400,000] and 300 times the average worker salary, notes Sam Pizzigati at Too Much: An Online Weekly on Excess and Inequality. But this hasn’t always been the case. “In fact, from the 1930s into the 1970s, Presidents routinely took in more than average CEOs,” writes Pizzigati.“Richard Nixon’s 1970 paycheck trumped the CEO average by $45,000.”

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Considering that Obama has produced the worst recovery in American history, while adding - by far - the most to the national debt, and also pushing a record number of Americans into poverty and food stamps, I say he should have his pay docked.

Posted by He's awful on 4.20.13 at 0:00
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