and the rest of us got was a lousy housing bubble. This is from the Wall Street Journal, NOT The Nation.
Pay of Top Earners Erodes Social SecurityHere's a graph from a WSJ blog entry:
Fund Expected to Be Exhausted in 2037
BY ELLEN E. SCHULTZ
JULY 21, 2009
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.
Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total U.S. pay in 2007, the latest figures available. The compensation numbers don't include incentive stock options, unexercised stock options, unvested restricted ...
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