[Anyone] 2006 Injustice Index: 2006 Year in Review...
Mike in Taos
mikeintaos at hotmail.com
Tue Jan 16 16:34:50 MST 2007
myers...If you made a lot of money would hate yourself?
>From: Thos Myers <totem at laplaza.org>
>Reply-To: Open Forum for Taos residents <anyone at laplaza.org>
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>Subject: [Anyone] 2006 Injustice Index: 2006 Year in Review...
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>
> 2006 Injustice Index: 2006 Year in Review
>
> "It was the best of times, it was the worst of times."
>
> Wages that an average CEO earns before lunchtime: more than a full-time
>minimum wage worker makes in a year
>
> Ratio of the average U.S. CEOs annual pay to a minimum wage workers:
>821:1
>
> Year when this ratio reached its highest so far: 2006
>
> Total compensation in 2005 of Barry Diller of IAC/Interactive, the
>highest paid CEO in the US today: $469 million
>
> Additional amount that Mr. Diller received in new stock options to
>motivate Mr. Diller for future performance: $7.6 million
>
> Percentage of Americans who feel chronically overworked: 30
>
> Years of unused vacation time that American workers collectively give
>back to their employers each year: 1.6 million
>
> Percentage of women earning less than $40,000 per year who receive no
>paid vacation time at all: 37
>
> Payment per episode that Donald Trump receives to host The Apprentice:
> $3,000,000
>
> Average amount that companies spend to recruit a new CEO from outside
>the company: $2,000,000
>
> Probability that the newly hired CEO will either quit or be fired within
>the first eighteen months: 1 in 2
>
> Estimated number of people lined up outside the new M&M store set to
>open in Times Square responding to ads for on-the-spot hiring for 200
>jobs, 65 of which were fulltime: between 5,000 and 6,000
>
> Starting salary that drew them there: $10.75 per hour
>
> Fee Paris Hilton is seeking to host a New Years Eve party in NYC,
>Miami, or L.A.: $100,000 plus a private jet
>
> Amount that Ms. Hilton is set to inherit from the Hilton Hotel fortune:
>$350 million
>
> Number of times that Congress has reduced the estate tax since it last
>raised the federal minimum wage: 9
>
> Longest period in which the federal minimum wage has not been increased:
>19972006
>
> Number of workers who would directly benefit from an increase in the
>minimum wage: 5.6 million
>
> Number of very large estates that would directly benefit from a
>reduction in the estate tax: 8,200
>
> Highest price per custom-fitted, handmade power suit in Armanis new
>line, which hopes to respond to what ex-Gucci head designer Tom Ford calls
>a lot of pent-up demand for true luxury [from men who] are getting rich
>first, and they want to deck themselves out before they deck out their
>wives: $20,000
>
> Number of households using credit to cover basic living expenses: 7 in
>10
>
> Amount in tax breaks and subsidies that last years energy bill paid out
>to the gas and oil industry during a period of record profits and higher
>prices at the pump: $6 billion
>
> Campaign donations that Senator Kay Bailey Hutchison, who voted for the
>energy bill, received from the oil and gas industry: $500,000, making her
>the top recipient of oil contributions in the 2006 election cycle
>
> Percentage of U.S. workers who are confident they will be able to live
>comfortably after retirement: 68
>
> Percentage who have saved less than $25,000 toward their retirement: 53
>
> Percent of African-American and Latino families that have zero or
>negative net worth, respectively: 31 and 38
>
> Date on which USA Today reported that Dr. Anthony Griffin of the Beverly
>Hills Cosmetic Surgery Institute, who appears on the ABC program Extreme
>Makeover, predicted that CEOs will lead a surge in male cosmetic surgery
>because, he says, for instance, executives on trial for corporate scandals
>would improve their chances for acquittal with a makeover just before
>trial: November 4, 2006
>
> Date on which the Dow Jones Industrial Average reached its all-time
>high:
> October 26, 2006
>
> Decrease in percentage of Americans who own stocks from 2004 to 2006,
>the first such decline on record: 51.9% to 48.6%
>
> Total Wal-Mart received in government subsidies, sometimes called
>corporate welfare by activists, in 2005: $3.75 billion
>
> Percent of the decline in welfare caseloads that is due to TANF programs
>failing to serve families that are poor enough to qualify, rather than due
>to a reduction in the number of families poor enough to qualify for aid, in
>the ten years since welfare reform: 57
>
> Percentage of the GDP that went to wages and salaries in the first half
>of 2006: 51.8
>
> Time when the percentage of GDP belonging to wages and salaries was
>lower than in 2006, out of the 77 previous years for which these data are
>available: never
>
> Projected total in Christmas bonuses that the five largest investment
>banks in New York City will pay out in 2006: $36 billion
>
> Estimated additional amount U.S. workers would receive annually if all
>employers obeyed workplace laws: $19 billion
>
> Ratio of compensation of CEOs of publicly traded defense companies to
>privates before September 11th, 2001: 190 to 1
>
> Ratio in 2006: 308 to 1
>
> Percentage increase in out-of-pocket medical expenses for the average
>American in the past 5 years: 93
>
> Estimated amount the U.S. would save each year on paperwork if it
>adopted single-payer health care: $161,000,000,000
>
> Date on which incoming Treasury Secretary Hank Paulson announced Amid
>this countrys strong economic expansion, many Americans simply arent
>feeling the benefits. Many arent seeing significant increases in their
>take-home pay. Their increases in wages are being eaten up by high energy
>prices and rising health care costs, among others: August 2, 2006
>
> According to exit polls in the midterm elections, percentage of
>Americans who think life for the next generation will be about the same or
>worse respectively: 28, 40
>
>
>
>
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