Monday, June 15, 2015

What about 'excessive dentist pay' or the obscene 'orthodontist-to-average worker pay' ratio?

What about 'excessive dentist pay' or the obscene 'orthodontist-to-average worker pay' ratio? - AEI | Carpe Diem Blog » AEIdeas:
"...Bottom Line:
These are pretty easy questions to answer, but let me pose them anyway:
Why don’t we ever hear about “excessive” or “obscene” dentist/family practice MD/internist/psychiatrist wages?
Or about objectionable “Dentist-to-Average Worker Pay” ratios?

Of course, there are some CEOs who earn multimillion dollar pay packages, while there are probably no dentists making millions of dollars per year, so it’s the “excessive” pay of a few hundred outlier CEOs that gets all of the media and union attention.
But it’s an important point that gets completely lost in the discussion of “obscene” CEO pay – the average CEO earns just slightly more than the average dentist and less on average than nine medical occupations that are listed above."

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