In 1965 the average CEO made 51 times the minimum wage, by 2005 the imbalance had grown to more that 800 times the minimum wage.
Low income Americans spend nearly all of their money, each and every check, which directly stimulates the economy. High income Americans save at much higher rates, which ties up that money and effectively removes it from the consumer economy.
It is unjust, unfair, and economically destructive to pay a worker less than one tenth of what another makes, when accounting for the same amount of hours worked.
A ratio of 10:1 will ensure that while those at the top are still rewarded for hard work and investment, those at the bottom will also be able to thrive. This will also create less reliance on government programs, allowing for lower tax rates for all.



