This is a textbook example of how claims can spiral out of control on the Internet. Just as conservatives have circulated unfounded claims about President Barack Obama’s birth certificate, liberals are spreading this questionable chart.<\/p>\n
We don\u2019t doubt the chart\u2019s underlying point that the ratio of CEO pay to worker pay is high in the United States, and is likely higher in our free-wheeling economy than it is in the historically more egalitarian nations of Europe.<\/p>\n
But in its claim that the U.S. ratio is 475 to 1, the chart conveys a sense of certitude and statistical precision that simply isn’t warranted — and which is contradicted by the facts. The latest number for the U.S. is 185 to 1 in one study and 325 to 1 in another — and those numbers were not generated by groups that might have an ideological interest in downplaying the gaps between rich and poor. We rate the claim on the U.S. ratio False.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
A chart that has gone viral on social media sites claims that American CEOs earn 475 times more per year than the average worker.<\/p>\n","protected":false},"author":3,"featured_media":12220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[869,77],"tags":[657,1289,1332],"yoast_head":"\n
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![\"\"](\"https:\/\/i0.wp.com\/www.occasionalplanet.org\/wp-content\/uploads\/2011\/10\/CEO-chart.jpg\" "\\"CEO")
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