Democratic presidential candidate Hillary Clinton’s charge that corporate CEOs earn 300 times more than their workers isn’t just wrong. It hides another very real wage gap: She earns more in just one speech than the average American CEO in a year.
Mark J. Perry, a University of Michigan professor and author of the American Enterprise Institute’s popular Carpe Diem blog, did the fact-checking of Clinton’s numbers and came up with that result.
The average CEO, using Bureau of Labor Statistics figures, makes $216,100. On the stump, Clinton’s agent, the Harry Walker Agency Inc., charged $275,000 a speech and packaged three for Wall Street’s Goldman Sachs at $675,000.