Add this stat: The fact that 10% of the U.S. Population makes almost 90% of the wealth and the other 90% makes only 10% at an average wage of 31,000 dollars a year; and you now see what maybe the next huge political crisis in the next two decades. Plus no real social safety nets of any kind and no jobs but only given to those that have "connections." You end up with a nightmare scenario for anyone born after the year 1980.
and this comes from a Sociologist known as David Harvey. His estimate of CEO pay to the average working salary as of 1970 the ratio was 30:1, as of 2000 it was 500:1.
If you need to look where the pay drain is, look no further.
Slashdot Mirror
Add this stat: The fact that 10% of the U.S. Population makes almost 90% of the wealth and the other 90% makes only 10% at an average wage of 31,000 dollars a year; and you now see what maybe the next huge political crisis in the next two decades. Plus no real social safety nets of any kind and no jobs but only given to those that have "connections." You end up with a nightmare scenario for anyone born after the year 1980.
Actually it's worse than that....
and this comes from a Sociologist known as David Harvey. His estimate of CEO pay to the average working salary as of 1970 the ratio was 30:1, as of 2000 it was 500:1.
If you need to look where the pay drain is, look no further.