Sunday, February 20, 2011

Ed Conrad's Testimony

(Ed Conrad is a Professor of Clinical Psychology at the University of Wisconsin-Parkside)

"Just finished digging through old W-2s, Employee Benefit statements and other pieces of paper. Looked at all of the information from 2001 through 2010. In those 10 years, total compensation (wages, pretax dollars, and benefits) increased a whopping 27.64% . This translates to a 2.35% per year increase compounded over 10 years.

"by comparison, my wife who works in the private sector (and deserves every penny she earns) saw an increase in her total compensation of 81.83% in that same 10 years. That's a 6.16% annual increase compounded over 10 years.

"Forbes magazine reports that the Koch brothers (two of Walker's "sponsors") paid themselves "an extra $11 billion of income from their company last year. I'm not sure what percent increase that is for them over the past 10 years.

I'M SO ASHAMED OF MYSELF FOR BEING SO GREEDY!!"

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