Friday, December 14, 2012

Fact of the Day

For period 1948 - 2011 US productivity rose 254.3% but hourly wages rose just 113.1%. For 1995- 2011 productivity rose 37.6% but for median workers wages went up only 9.6%

The top 1% has controlled more than 40% of stock market wealth since the 1980s. The next 9% owns another 40%.

Source

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