Via Gaythia Weis.
Originally shared by Lynn Keller
Worker: $39,500
CEO: $819,000
Ratio: 1 to 20
2013:
Worker: $52,100
CEO: $15,175,000
Ratio: 1 to 295
Working class wages have stagnated for the past 40 years.
CEO salaries and bonuses continue to go through the roof #Oligarchy
Huh. I had been thinking of this as something mostly caused by Reagan, but I see the inflection point looks more like Nixon. Of course, Ford had to deal with the worst recession since the Great Depression; both Ford and Carter could do little in the roiling post-Watergate crisis of power to sway the course.
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