Hillary Clinton's makes more on one speech than average CEO makes in a year

Paul Beddard:
Democratic presidential candidate Hillary Rodham Clinton's charge that corporate CEOs earn 300 times more than their workers isn't just wrong. It hides another very real wage gap: She earns more in just one speech than the average American CEO in a year.

Mark J. Perry, a University of Michigan professor and author of the American Enterprise Institute's popular Carpe Diem blog, did the fact-checking of Clinton's numbers and came up with that result.

The average CEO, using Bureau of Labor Statistics figures, makes $216,100. Clinton's speaking agent, the Harry Walker Agency Inc., charged about $275,000 a speech and packaged three for Wall Street's Goldman Sachs at $675,000.

Perry used the BLS average salary for all CEOs, not just the top ones Clinton likes to cite.
...
This should put a serious crimp in her anti-business demagoguery.  It is more evidence of her liberal privilege and dishonesty.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more