A couple of charts

Jul 26, 2014 15:07

Firstly, the UK economic recovery is not as clearcut as the media tell you:
https://twitter.com/StrongerInNos/status/492391689479544832/photo/1

GDP is doing well, but GDP per head has stagnated. This is because the corporations are taking more of the profit and paying their workforce less. Why people don't notice or care about this is not clear, but certainly the media plays its part in the propaganda wars.

http://www.businessweek.com/articles/2014-07-22/for-ceos-correlation-between-pay-and-stock-performance-is-pretty-random
Graphing CEO pay against stock market performance doesn't produce any correlation; yet another point in the argument about pay for CEO's not being directly linked to company performance. If the market worshippers point about performance related pay etc. actually had any truth in it there would be a closer correlation.

politics

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