Pay of Top Earners Erodes Social Security

Wall Street Journal by Ellen E. Schultz | Jul. 21, 2009 (Investigative Report)

The nation's wealth gap is widening amid an uproar about lofty pay packages in the financial world.

Executives and other highly compensated employees now receive more than one-third of all pay in the U.S., according to a Wall Street Journal analysis of Social Security Administration data -- without counting billions of dollars more in pay that remains off federal radar screens that measure wages and salaries.

Highly paid employees ... Full Story »

Posted by Dwight Rousu - via Memeorandum

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Subjects: Politics, Business, Living
Topics: Money and Politics, Money
Member Tags: class warfare
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Posted by: Posted by Dwight Rousu - Jul 21, 2009 - 9:10 AM PDT
Reviewed by: Dwight Rousu (review), Tanya J. Maurer (review)
Content Type: Article
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Edited by: Dwight Rousu - Jul 22, 2009 - 10:07 PM PDT

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Dwight Rousu
4.0
 by Dwight Rousu - Jul. 29, 2009

The article provides insightful details on the huge and growing disparities in income between executives within the predatory corporate structure and those outside who are rapidly falling behind. The information on hidden compensation is particularly interesting.

Political contributions from the rich and from corporations have corrupted politicians into forming tax codes that augment the growth of the gap between the rich and the middle class.

Dwight posted this story.
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Tanya J. Maurer
3.9
 by Tanya J. Maurer - Jul. 22, 2009
See Full Review » (11 answers)

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  • Pay of Top Earners Erodes Social Security

    Wall Street Journal by Ellen E. Schultz | Jul. 21, 2009 (Investigative Report)
    The nation's wealth gap is widening amid an uproar about lofty pay packages in the financial world. Executives and other highly compensated employees now receive more than ...
    Posted by Dwight Rousu
    3.9
     See Reviews »
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