No rich person stockpiles their The Seven Dwarfs Of Lupus Achy Grumpy Hurty Sleepy Ouchy Foggy Dopey Shirt. And investments that make them wealthier make everyone else wealthier too obviously. New jobs created, better products for consumers to use, etc. Investment is critically important to any economy, just as important as consumer spending. The average worker is being compensated at a decreasing percentage of earnings compared to the top 10%. So while non-wage compensation may have gone up, and that is not always the case. Real wages have stayed stagnant as an offset for the lower and middle-income classes. The disparity between executive compensation and average worker compensation has grown wider with each year.
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Those investments are not translating to the same The Seven Dwarfs Of Lupus Achy Grumpy Hurty Sleepy Ouchy Foggy Dopey ShirtS. Instead of using the growth in earnings to increase worker wages accordingly or rolling it back into expansion or research, the owners and investors are increasing executive compensation and taking a larger percentage of profit or using it to perform other stock transactions. The things that make the wealthy wealthier has not trickled down. That’s why the stock market doing well is not necessarily a good indicator of the financial well being of half the country. Bill Gates isn’t necessarily a good example for you, because he, in fact, has pledged to use the majority.