Dmytro Kharkov

CEO pay and stock buyback data are misrepresented, Nick Gillespie notes

CEO pay and stock buyback data are misrepresented, Nick Gillespie notes
Claims on CEO pay called inaccurate

Nick Gillespie challenges recent statements made by Robert Reich regarding CEO compensation and average worker pay. Gillespie highlights comments from Aaron Brown, who argues that Reich's use of stock buyback figures is incorrect and that the cited Bureau of Labor Statistics dataset is flawed.

Gillespie has recently covered other developments in U.S. financial data. He reported that the yield spread between triple-A short-term bonds and New York City one-year bonds surged nearly 20 percent this year. In a separate article, he observed that the Social Security worker-to-beneficiary ratio has dropped from 42 in 1945 to 2.7 today.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.