Heres the source and quoted comments to backup my statement. This is categorized here because it was a governmental decision.
CEO pay and benefits on the rise: report
http://biz.yahoo.com/rb/070829/usa_economy_pay.html?.v=1
"At the same time, workers at the bottom rung of the U.S. economy received the first federal minimum wage increase in a decade. But the new wage of $5.85 an hour, after being adjusted for inflation, stands 7 percent below where the minimum wage stood a decade ago."
""CEO pay, over that same decade, has increased by roughly 45 percent," the study found.""
2007-08-29
07:03:32
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MyMysteryId
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Other - Politics & Government