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The Myth of CEO pay
May 22, 2017, 3:50 PM
(AP file photo)
(AP file photo)
So the myth is that CEO’s across the board are enjoying an incredible pay gap from the “wage earners.” And the second part of the myth is that the unions are justice seekers, only in it for the little guy.
Have you ever seen the AFL-CIO offices in D.C.? For one thing, they are 400 yards from the White House; prime real estate. Oh, and you aren’t able to visit the offices.
The AFL put out a study that said that CEO’s have taken 10’s of millions of dollars but are destroying the livelihoods of hard working people who are making their companies profitable.
Is the CEO of Microsoft destroying his employee’s lives? I used to work at Microsoft, I didn’t see my life destroyed there. Nor do I see my friends lives destroyed who work at Apple or Sony.
Do you think a CEO who has put their company into the S&P 500 should earn more? The average CEO earns $190,000 The average union leaders earns $250,000, $60,000 more than their private leader counterparts.
The AFL claims CEO’s are ruining lives. But can you find me the CEO who forces people to pay him? The Unions are front and center in using the party of brute force, the Democrats, to achieve their goals.
CEO’s bring value, Unions just rake up money.
Listen to the entire conversation below.