But America's wealthy don't seem to mind.
Veteran labor journalist and Institute for Policy Studies associate fellow Sam Pizzigati edits Too Much, a weekly newsletter on excess and inequality. He also contributes a weekly column to OtherWords, the Institute’s national non-profit editorial service. His latest book is The Rich Don’t Always Win. Pizzigati lives in Kensington, Maryland.
The most important executive compensation indicator is the gap between what CEOs and their workers are paid.
Monumental gifts to museums are coinciding with the erosion of arts programs at the nation's public schools.
The latest economic evidence supports raising taxes on the richest Americans.
Taxes can do more than simply raise revenue.
U.S. executives, including Ford CEO Alan Mulally, are personally profiting off their employees' pain.