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by cbsmith
927 days ago
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> In the US, unions had a good year, but 43% pay raises in union contracts were mostly unheard of, so that part of the population probably isn't keeping up. There's a difference between wealth and income though. It's entirely possible 10% pay raises yield >43% increases in wealth, so long as most of the original wage wasn't able to go in to savings/investment. |
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