The Last Of The Millenniums

rich get richer

Republican House Speaker John Boehner :

“When you raise the price of employment, guess what happens? You get less of it,” Boehner told reporters Wednesday morning
@ : http://www.nydailynews.com/news/politics/boehner-shoots-minimum-wage-hike-article-1.1263163
WASHINGTON — ‘Incomes rose more than 11 percent for the top 1 percent of earners during the economic recovery, but not at all for everybody else, according to new data’.

‘The numbers, produced by Emmanuel Saez, an economist at the University of California, Berkeley, show overall income growing by just 1.7 percent over the period. But there was a wide gap between the top 1 percent, whose earnings rose by 11.2 percent, and the other 99 percent, whose earnings declined by 0.4 percent’.
From : http://www.nytimes.com/2013/02/16/business/economy/income-gains-after-recession-went-mostly-to-top-1.html?pagewanted=all

 

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