The Magazine of Corporate Responsibility

Tag Archive for ‘Ronald Reagan’

Scary New Wage Data

Pulitzer Prize-winning reporter David Cay Johnston says an analysis of recent U.S. government wage data shows that since 1980, the bottom 90 percent of Americans have seen their incomes go nowhere, while on the highest steps of the income ladder, the further up you are, the greater your gains. “This orgy of money exhibitionism,” he writes, “has created a society in which commas — it takes three to be a billionaire — count more than character.”