June 3, 2017

Most Americans got no raise in last year

  As Wall St. booms, hourly earnings rose at a 2.5% annualized rate, which, adjusted for inflation, means most Americans got no raise at all.

1 comment:

Anonymous said...

“The rich have given to the poor a little food, a little drink, a little shelter and few clothes - the poor have given to the rich, palaces and yachts and an almost infinite freedom to indulge their doubtful taste for display; and bonuses and excess profits, under which has been hidden the excess labour and extravagant misery of the poor” - Gilbert Seldes

“The oppressors do not perceive their monopoly of having more as a privilege which dehumanises others and themselves” - Paolo Freire

“The modern English oligarchy does not rest on the cruelty of the rich to the poor - it rests on the unfailing kindness of the poor to the rich.” - GK Chesterton