If you feel like you are working harder and not getting anywhere financially, then you are not alone.
Allison Linn reports that a new graph (above) from Mother Jones shows that “We’ve gotten a lot more productive in recent years, but our wages haven’t reflected that.”
The richest Americans, on the other hand, appear to be doing a better job reaping the rewards of everyone’s hard work.
The graphic, which uses data from the Bureau of Labor Statistics, Congressional Budget Office, Census Bureau and the Economic Policy Institute, shows that productivity has risen steadily over the past three decades, while overall wages have barely changed.
Meanwhile, the nation’s wealthiest have seen their income surge.
Mother Jones has more: All Work and No Pay: The Great Speedup and Overworked America: 12 Charts that Will Make Your Blood Boil.
The bottom line… The little folks will never get ahead at the rate things are going.