Friday, December 29, 2006

DRUM MAJOR INSTITUTE 2006 INJUSTICE INDEX

Wages that an average CEO earns before lunchtime: more than a full-time minimum wage worker makes in a year

Ratio of the average U.S. CEO's annual pay to a minimum wage worker's: 821:1

Total compensation in 2005 of Barry Diller of IAC - Interactive, the highest paid CEO in the US today: $469 million

Percentage of Americans who feel chronically overworked: 30

Years of unused vacation time that American workers collectively give back to their employers each year: 1.6 million

Percentage of women earning less than $40,000 per year who receive no paid vacation time at all: 37

Payment per episode that Donald Trump receives to host The Apprentice: $3,000,000

Average amount that companies spend to recruit a new CEO from outside the company: $2,000,000

Probability that the newly hired CEO will either quit or be fired within the first eighteen months: 1 in 2

Estimated number of people lined up outside the new M&M store set to open in Times Square responding to ads for "on-the-spot" hiring for 200 jobs, 65 of which were fulltime: between 5,000 and 6,000

Starting salary that drew them there: $10.75 per hour

Fee Paris Hilton is seeking to host a New Year's Eve party in NYC, Miami, or L.A.: $100,000 plus a private jet

Amount that Ms. Hilton is set to inherit from the Hilton Hotel fortune: $350 million

Number of times that Congress has reduced the estate tax since it last raised the federal minimum wage: 9

Number of workers who would directly benefit from an increase in the minimum wage: 5.6 million

Number of very large estates that would directly benefit from a reduction in the estate tax: 8,200

Number of households using credit to cover basic living expenses: 7 in 10

Amount in tax breaks and subsidies that last year's energy bill paid out to the gas and oil industry during a period of record profits and higher prices at the pump: $6 billion

Campaign donations that Senator Kay Bailey Hutchison, who voted for the energy bill, received from the oil and gas industry: $500,000, making her the top recipient of oil contributions in the 2006 election cycle

Percentage of U.S. workers who are confident they will be able to live comfortably after retirement: 68

Percentage who have saved less than $25,000 toward their retirement: 53

Percent of African-American and Latino families that have zero or negative net worth, respectively: 31 and 38

Total Wal-Mart received in government subsidies, sometimes called "corporate welfare" by activists, in 2005: $3.75 billion

Projected total in Christmas bonuses that the five largest investment banks in New York City will pay out in 2006: $36 billion

Estimated additional amount U.S. workers would receive annually if all employers obeyed workplace laws: $19 billion

Percentage increase in out-of-pocket medical expenses for the average American in the past 5 years: 93

Estimated amount the U.S. would save each year on paperwork if it adopted single-payer health care: $161 billion

http://www.drummajorinstitute.org/library/article.php?ID=6529

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