AlJazeera – by David Cay Johnson
American paychecks shrank last year, just-released data show, further eroding the public’s purchasing power, which is so vital to economic growth.
Average pay for 2013 was $43,041 — down $79 from the previous year when measured in 2013 dollars. Worse, average pay fell $508 below the 2007 level, my analysis of the new Social Security Administration data shows. Continue reading “Compensation shrinks for all income groups – except the very highest”


Wall Street Journal – by PAUL VIEIRA and BEN DUMMETT
CBS News – by Jake Miller
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ABC News – by Devin Dwyer
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The Free Thought Project – by Cassandra Rules
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Yahoo Canada News
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Fox News – by Joe Rao, Space.com