The Mudcat Café TM
Thread #99746   Message #2060380
Posted By: Dickey
24-May-07 - 10:27 PM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
Bobert:

I am was hoping you would come up with an answer. What was my ridiculously low number? What is the right number? How is it to be distributed? Who gets what?

Taxing off shore accounts will mess up George Soros, the father of offshore investing.


Now that the hook is set, look at http://sociology.ucsc.edu/whorulesamerica/power/wealth.html and notice Figure 6: CEOs' pay as a multiple of the average worker's pay and Figure 7: CEOs' average pay, production workers' average pay, the S&P 500 Index, corporate profits, and the federal minimum wage, 1990-2005 (all figures adjusted for inflation). You will see that it made an incredible increase of 400$ between 1994 and 2000. It topped out right about at the beginning of 2000. It has not reached that level since. Bubba did alright for his corporate donors.