Sorry Hysterics, CEOs Don't Make 350X More Than Their Workers

Just like last year, the CEO-to-worker pay ratio reported by the AFL-CIO gets my annual Biggest Blindly Accepted Statistical Fairy Tale of the Year Award. Well no, it's actually a tie with the gender wage gap myth and the incessantly repeated 77 cents on the dollar statistical falsehood. What's disappointing is that much of the mainstream media seem to blindly accept both of these statistical falsehoods without ever challenging the statistical legerdemain that are used to produce and perpetuate these statistical myths.