A few weeks ago, Hillary Clinton launched her presidential campaign with a populist/progressive attack on CEO pay and lamented that American families face financial hardships at a time “when the average CEO makes about 300 times what the average worker makes.” And Marketplace reported this week that “CEO pay is one of those issues that really gets people’s blood boiling.”
A closer look at the national data on CEO suggests that the American people needn’t get so upset, and politicians, the media and progressives should stop promoting what is clearly a “statistical fallacy.”
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