Wednesday, July 22, 2009

Today's Short Economics Post



From the Wall Street Journal:

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.

I'm sure that executives and other highly compensated employees are a very tiny percentage of all wage-earners.