Hey kids, wanna see something fun! Pull out your calculators, get a #2 pencil and a sheet of paper and use the graph on the blackboard here:
Now for the problem: In the lowest paid non-agricultural field of work, according to the United States Bureau of Labor Statistics, is the "Leisure and Hospitality" industry. The average weekly worker pay there in September 2011 was $343.95 dollars. Using the table above, what is the average weekly pay for a CEO in the Leisure and Hospitality industry?
If you said $163,376.25 a week, you get an A+ and a feeling of seething anger at the inequality (assuming you're not a deluded conservative). But, okay, let's say that is a worst case scenario. Let me switch charts:
Now, let's try this problem using the same $343.95 dollar base, shall we? If your second answer is $117,974.85 a week for the CEO, you get another A+, a gold star and a handful of Goldfish crackers that you're probably too poor to afford.