Tuesday, April 14, 2015

Orthodontia, CEO Pay and Hillary


The blogosphere/twitterverse is having fun with Mrs. Clinton's criticism of CEO pay.

Striking a populist note, Clinton, who announced on Sunday she was running for president in 2016, said American families were still facing financial hardship at a time “when the average CEO makes about 300 times what the average worker makes.”

The Wall Street Journal had an interesting comparison recently:
The average U.S. orthodontist earns $196,270. The average CEO makes $178,400.
Turns out anesthesiologists earn even more and and are the country's highest paid profession. I'm sure they are next on Hillary's complaint list.

Know who made even more than orthodontists and anesthesiologists?

Hillary Clinton Book Advance, $8 Million, Is Near Record
That was 14 years ago for her memoirs on being married to the President. She got $14 million for her memoir as Secretary of State. The Washington Post reports her "special University rate" for a speech is $300,000. 

I have nothing against CEO's, orthodontists,  anesthesiologists and politicians earning money. Their ability to earn high wages doesn't have any impact on my, or any else's  ability to earn a living, as far as I can tell. This whole conversation is silly.


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