Income Inequality: Difference between revisions
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[https://www.theguardian.com/us-news/2019/aug/14/ceo-worker-pay-gap by Dominic Rushe 14/8/19 The Guardian] | [https://www.theguardian.com/us-news/2019/aug/14/ceo-worker-pay-gap by Dominic Rushe 14/8/19 The Guardian] | ||
The increase far outstripped the typical worker’s salary growth, at 11.9%, adjusted for inflation, and also the returns from the stock market, which are often used to justify high executive pay. The S&P 500 index of top US companies grew 706.7% over that period. | The increase far outstripped the typical worker’s salary growth, at 11.9%, adjusted for inflation, and also the returns from the stock market, which are often used to justify high executive pay. The S&P 500 index of top US companies grew 706.7% over that period. | ||
=====Subsidizing Inequality: New York City’s Crooked Development Agenda===== | |||
[https://www.dissentmagazine.org/online_articles/subsidizing-inequality-new-york-citys-crooked-development-agenda/ by Alex Ulam 23/6/14 DISSENT] | |||
Too much of Mayor Bill de Blasio’s campaign against inequality has been spent trying to change New York State law. His most ballyhooed initiatives, such as raising New York City’s income tax on the wealthy and hiking up the minimum wage for the city’s working poor, require a vote by a divided state legislature and a signature from a governor whose recent tepid support for progressive causes appears to hinge on political calculations. | |||
