Fast-Food CEOs Make 1,000 Times the Pay of the Average Fast-Food WorkerBy
Economic inequality in the U.S. can be quantified in all sorts of ways. The 1 percent account for almost 40 percent of the country’s wealth. The 0.1 percent account for more than 10 percent all by themselves. The combined wealth of the 0.01 percent totals $6 trillion. The pay gap between the top chief executive officers and the average workers at their companies is about 331 to 1. Now comes another ratio, courtesy of Demos, a public policy organization in New York: 1,200 to 1. That’s the pay gap between CEOs of fast-food companies and the average fast-food worker in 2012.
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