What has been the average annual percentage salary increase in the USA in the last decades?

1 Answer

Answer :

I can’t say what the actual percentage was but it was not enough to keep up with inflation. Executive salaries, however grew by many hundreds of a percent. The difference between company executive salaries and the average worker is comparable to what it was in Dickens’s time. The rich are very very rich and the poor are poorer and still dropping. The middle class is shrinking and if the trend continues, our children and grandchildren will be facing conditions comparable to the characters in Charles Dickens’s Scrooge.

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