Yoni is assuming increased productivity will lead to increased wages....(at least enough to keep up with real inflation, not the government deflated numbers)...
CensusReal median household income in the United States rose by 1.1 percent between 2004 and 2005, reaching $46,326, according to a report released today by the U.S. Census Bureau. Meanwhile, the nation’s official poverty rate remained statistically unchanged at 12.6 percent. The percentage of people without health insurance coverage rose from 15.6 percent to 15.9 percent (46.6 million people).
And that total includes billions of news dollars given to Corporate CEOs...The chief executives of America's 500 biggest companies got a collective 38% pay raise last year, to $7.5 billion. That's an average $15.2 million apiece. Exercised stock options again account for the main component of pay, 48%. The average stock gain was $7.3 million.
These guys are robber-barons robbing the people and their workers blind with no sense of remorse....
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