Friday, April 1, 2011

Class War Friday

Sadly, not April fools:
At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way back to prerecession levels, a USA TODAY analysis of data from GovernanceMetrics International found. Workers in private industry, meanwhile, saw their compensation grow just 2.1% in the 12 months ended December 2010, says the Bureau of Labor Statistics.
Just a reminder that while the economy sucks for the majority of Americans, the people who matter are doing just fine.

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