Sister blog of Physicists of the Caribbean in which I babble about non-astronomy stuff, because everyone needs a hobby

Saturday, 21 July 2018

The moment things started to go wrong



Via Gaythia Weis.

Originally shared by Lynn Keller


1965:
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
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1 comment:

  1. Isaac Kuo21 July 2018 at 13:40

    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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