Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
SHOCKING New Study Shows How Bad Income Inequality Is In America
Posted
January 1, 2023
Views
140,538
Likes
6,510
Comments
2,495
Engagement
6.41%
January 1, 2023
140,538
6,510
2,495
6.41%
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7:36Now PlayingInequality.org is reporting that American CEOs make more money in one day than the average workers earns in an entire year. Ana Kasparian discusses on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
Read more HERE
"If the typical CEO of a large U.S. corporation clocks in at 9 am on January 2, by 3:37 pm that afternoon he’ll have earned $58,260 — the average annual salary for all U.S. occupations.
In other words, in less than seven hours on the first workday of the New Year, that CEO will have made as much as the average U.S. worker will make all year.
I took a look at the even wider disparities for various types of essential workers. My calculations are based on average S&P 500 CEO pay of $18.3 million in 2021 (the most recent figure available), which works out to $8,798 per hour, or $147 per minute."
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221228__TA04_CEOs_Earn_More
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