Business bigwigs making a buck at your expense, still.

Greed - plain and simple

Well, yeah.

Anymore input on the topic?

I think husker summed it up perfectly.

so, we employees just bend over?

In the long run we could try to buy from companies who run profit sharing deals with employees, who emphasize team as opposed to greed.

Supporting small business whenever possible over corporations is a good way to vote with your dollars too.

It's hard to read an article like the one you just posted - what do the ultra-rich do with all that money??

Instant gratification: Vote out the Republicans; they only care about CEOs.

(The GOP has perpetrated the biggest fraud on the working man in my lifetime by convincing them their policies were better for them than the Democrats'. People really need to wake up and hose these guys out of every office they hold across the country. Every last one. Of course it'll never happen, but an awakening would go a long way to restoring some balance.)

Delayed gratification: Organize a union.

That's what I'd like to know. They're earning more than any sane person could ever spend in a lifetime.

It's like they are booboo lipped about the crack down on CEO pay rates and retirement packages.

Jer - good points, but we still have to work for the money suckers.

That's why I work for myself

and why I am a nanny. Even though the mom and pop I work for are working for good companies that are decent to their employees, they still haven't gotten decent raises in the last 2 years.

littlek,

How long have you been nannying for? That must be cool to watch kids grow-up.

4.5 years. I worked with 2 different families for part of that. It is cool.

I'd like to see the actual study. The article reads dread and doom but is that what's really happening?

There was some talk last year about some sort of problem with the mandated pension funding formulas that the government has had in place that was causing companies to dump tons of money into pension programs (it was out of balance with the number of employees that would ever collect under the pensions..).

The article mentions "The bulk of the gains did not go to workers, "but instead were used to boost profits, lower prices, or increase C.E.O. compensation."

So how much of this shift was due to each of those factors? If profits were boosted what was done with them? Was that money reinvested in the company? Paid out to shareholders? It had to have gone somewhere.

fishen - here's the report, all 15 pages of it...
http://www.nupr.neu.edu/4-04/corporate_profits.pdf

Kewl. I'll go read.

you're nuts!

If I read this - I prolly find some reason not to get a raise this year