Wednesday, September 14, 2005

It's a great economy

The Department of Labor reports that the average annual wage for all occupations declined last year by .4% when adjusted for inflation. To quote yesterday's Wall Street Journal, "Most paychecks fell in 2004."

I don't think this survey includes CEOs whose salary is now 431 times that of a typical worker.

This is the best of all possible worlds. Is it not?

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