August 31, 2012

CHART: Republican Presidents’ Depressing Record On Wage Growth

CHART: Republican Presidents’ Depressing Record On Wage Growth: Wage growth has failed to keep up with record-setting corporate profits, and wages as a percent of gross domestic product reached an all-time low after the Great Recession, as BusinessInsider’s Henry Blodget noted today. Wages as a percentage of the economy have fallen precipitously since their peak in the 1960s, when the minimum wage reached [...]/p