2014: Wage Stagnation Puts Squeeze on Working Families
Los Angeles Times
Wage stagnation is putting the squeeze on working families even as corporate profits are at record levels. And 2014 continued the trend of suppressed wages while profits and the compensation of senior corporate managers skyrocket, with many CEOs making 350 times the average worker. The expanding wealth gap in this country is proof of a system that grossly favor the rich over ordinary working families, even when the economy is improving.
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