Ndaccountant
Old Hoss
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I would be very interested in reading that. Does it include or account for productivity increases and stagnant wages for those of us still lucky to have a job?
It really should, only because it isn't comparing a wage amount per se, but rather how the top wager earners compare to the median. So, if the top is rising quicker than the median, it would indicate that inequality is accelerating in that measurement. That is where you would see what you are questioning.
The problem is that even though they are earning more relative to the median, they don't actually have more to spend.....disposable income (I surmise this doesn't get much pub due to lack of widely available information and overall lack of public understanding of what they are really looking at). So the inequality of disposable income is basically stagnant due to the tax laws we have had in place for some time (somewhere in the early to mid 1990's is when that flattened), which really doesn't imply the rich is getting richer. Now, the poor are getting poorer, marginally, but not directly because the rich is getting richer.
I will spend some time looking for it later tonight.