Posts tagged income
“The average income of the top 1 percent has gone up by more than 250 percent to $1.2 million per year … For the top one hundredth of 1 percent, the average income is now $27 million per year. The typical CEO who used to earn about 30 times more than his or her worker now earns 110 times more. And yet, over the last decade the incomes of most Americans have actually fallen by about 6 percent.”
—President Obama speaking in Osawatomie, Kansas, yesterday about what he calls a “make or break moment” for the middle class
