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PrintApril 4, 2009
Democrats: Good for CEOs
With executive pay being in the news today, let's look more deeply at the trend in such pay. My unimpeachable source is the AFL-CIO. The AFL-CIO shows this graph.
Look closely now. CEO pay (as a multiple of worker pay) went up most steeply under President Clinton. Under President Bush, it actually declined.
Yet another case in which our media has been able to brand the Republicans exactly backwards. CEOs did better under Clinton and Wall Street contributes more to Democrats.
If you hate CEOs and corporations, especially the financial sector, why are you voting Democrat?
