The perceived disparity between a company’s CEO and its average worker has been a trope of the left and an obsession of the news media for decades. The argument goes that a CEO’s pay comes at the expense of rank-and-file workers, and fuels a level of animosity that necessitates a government response. It is a canard that would be rightly ridiculed in any other sector of our society.
Television’s top news anchor, NBC’s Brian Williams, earns a reported $13 million a year to read the news. His pay packet is 350 times the earnings of the average TV news anchor, reporter or correspondent, who pull in around $37,000 a year. This disparity far surpasses the 150-1 ratio earned by the average CEO, according to Bloomberg.
Front Porch Punditry
Print view
Mon Jan 19, 2015 7:28 pm
reply
Front Porch Punditry