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This Week: Executive Pay
This Week
January 20, 2006


This week on NOW:

NOW examines the growing pay gap between high level executives and the nation's workforce, while workers fight for decent wages, healthcare and retirement benefits. "All that money comes out of our pocket," says Larry Olinger, a machinist at Boeing and president of the local union lodge. "And it's so they can put it into the pockets of the CEOs. Where do we draw the line?" Some investors also say the skyrocketing compensation has hurt shareholders. The report explores whether the expensive pay packages are necessary and justified, or bad for business and the economy.

Since the Bush administration's prescription medicine program began on January 1, tens of thousands of elderly people have been unable to get medicines promised to them by the government. David Brancaccio talks about the ups and downs of the plan with Judith Stein, the executive director of the Center for Medicare Advocacy, Inc., a group that works to increase access to comprehensive Medicare coverage and excellent health care for elders and people with disabilities. Ms. Stein has focused on legal representation of the elderly since beginning her legal career in 1975. From 1977 until 1986, Ms. Stein was the Co-Director of Legal Assistance to Medicare Patients (LAMP) where she managed the first Medicare advocacy program in the country.

In Depth

Work

Executive Pay

Financial State of the Union

Income Volatility


Rx

Judith Stein of The Center for Medicare Advocacy

Medicare Part D Update

Medicare Resource Map


Discussion



Talk back on the message boards.

Resources

Learn more about the issues discussed on NOW.

Read the complete transcript.

Streaming Video



[NOTE: RealPlayer is required to view NOW segments.]

Pay Daze (16:44)

Judith Stein on Medicare (5:52)


Credits



Pay Daze
Producer: Peter Meryash
Editor: Larry Goldfine


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