Ayn Rand’s America – Executives Get One Third of ALL Income

July 22, 2009 at 6:06 am | Posted in American politics | Leave a comment

This is Ayn Rand’s America.

Executives and other highly compensated employees now receive more than one-third of all pay in the U.S., according to a Wall Street Journal analysis of Social Security Administration data — without counting billions of dollars more in pay that remains off federal radar screens that measure wages and salaries. Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total U.S. pay in 2007, the latest figures available. The compensation numbers don’t include incentive stock options, unexercised stock options, unvested restricted stock units and certain benefits.

So to the 300 million other Americans out there, you’ve gotta split up $4.3 trillion somehow while $2.1 trillion goes to the top 3 million Americans. Got a problem with that? Tough. Go to Canada.