Wowza just heard an article on BloombergTV that salaried wages in the usa has only gone up 21% in 25 years..... (compared to wall street going up 117% over 25 years).
This can't be right can it???
Eg when you consider capital growth is doubling every 10-15 years how can wages only go up 21%???
I found the article but no real stats to follow up on.
http://www.bloomberg.com/politics/articles/2016-04-11/wall-street-wages-double-in-25-years-as-everyone-else-s-languish
I know the USA is gaining a huge cost advantage in keeping salaries low but this is nuts (though I noticed cost of living increases in Australia are out of control because of high salaries there on my last trip but that's for another post at a later time).
Thoughts?
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