Wonder where the money went?
The AFL-CIO has a notion...
While 25 million unemployed and underemployed U.S. workers are drowning, CEO pay skyrocketed by 23 percent, for an average salary of $11.4 million in 2010, according to the AFL-CIO Executive PayWatch. Released today, data compiled at PayWatch also show CEOs have done little to create badly-needed jobs, instead sitting on a record $1.93 trillion in cash on their balance sheets.I think they're on to something.
Labels: AFL-CIO, Corporations, Distribution Of Wealth, Executive Pay, Income Disparity
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