Drudge Retort: The Other Side of the News
Sunday, May 10, 2026

Wage growth for workers has stagnated while CEOs' earnings continue to rise, according to a new report released Thursday from Oxfam and the International Trade Union Confederation. In the U.S., according to Oxfam, CEO pay increased about 20 times faster than workers' wages in the past year, based on an analysis of data from the S&P Capital IQ database, the Federal Reserve and the Bureau of Labor Statistics.

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... Adjusted for inflation, the average hourly wage for American private sector workers grew by just 1.3% from 2024 to 2025, according to Oxfam and ITUC's analysis. In comparison, earnings for the 384 CEOs in the S&P 500 for whom pay data is available increased by 25.6% between 2024 and 2025.

CEOs are paid an average of 281 times more than the typical worker, according to a September 2025 report by the Economic Policy Institute, with CEOs taking home an average total of $22.98 million in 2024. That's up from a ratio of 60 just three and a half decades ago.

"What the data shows is that we cannot have a conversation about the affordability crisis without talking about extreme inequality, and in particular the extreme inequality between CEO pay and worker pay," Patricia Stottlemyer, labor rights policy lead for Oxfam America, tells CNBC Make It. ...



#1 | Posted by LampLighter at 2026-05-10 08:34 PM | Reply | Newsworthy 1

This is what Republicans voted for.

#2 | Posted by Corky at 2026-05-10 09:07 PM | Reply

@#2 ... This is what Republicans voted for. ...

Seems that way.

Just look at the Cabinet of Pres Trump.

How many of those Cabinet members are experiencing concerns about how to put food on the table or pay for health care?

Does Sec Bessent have a concern about his ability to pay for the feeding his family?



#3 | Posted by LampLighter at 2026-05-10 09:20 PM | Reply

Just one more tax cut for billionaires will fix it.

#4 | Posted by Nixon at 2026-05-11 08:14 AM | Reply

with CEOs taking home an average total of $22.98 million in 2024

Given the complete and utter dysfunction present in our economy at the moment, this is entirely unjustified (never really justified, but that's a different argument).

These morons are basically extracting as much as possible before it all collapses under the bloat of their own greed and incompetence.

#5 | Posted by jpw at 2026-05-11 10:53 AM | Reply

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