Friday, June 13, 2014

900% increase in pay for CEO's but 2% wage increase for workers: 8 REASONS for the inequality.

At this point, massive income inequality is not new, we all know about it. Yet there are still conservative myths floating around about why it is and what we can do. Conservatives say the poor are poor because of their own choices, but recent evidence shows that “social mobility” – the economic opportunity ladder – has largely disappeared. America’s rich only get richer and the poor don’t have much chance to do anything about it.

The truth is, there are so many ways the system is rigged against regular, working people. Here are just a few of the reasons the average CEO has a massive paycheck while many ordinary Americans languish economically. 

No comments: