July 22, 2009

Egalitarian society my backside

Via Think Progress, an article in the WSJ reports:

Executives and other highly compensated employees now receive more than one-third of all pay in the U.S., according to a Wall Street Journal analysis of Social Security Administration data — without counting billions of dollars more in pay that remains off federal radar screens that measure wages and salaries. Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total U.S. pay in 2007, the latest figures available. The compensation numbers don’t include incentive stock options, unexercised stock options, unvested restricted stock units and certain benefits.
It's got a chart, if you like graphical representations of numbers.

Class warfare has already been declared, but it was done secretly without our side knowing about it.

Posted by Linkmeister at July 22, 2009 08:59 AM | TrackBack
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