Forum Post: Not what Democracy Looks Like: Gap between Rich and Poor Growing...
Posted 13 years ago on Oct. 21, 2011, 10:48 a.m. EST by groobiecat2
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from Brattleboro, VT
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WASHINGTON (AP) -- Fifty percent of U.S. workers earned less than $26,364 last year, reflecting a growing income gap between the nation's rich and poor, the government reported Thursday.
There were fewer jobs, and overall pay was trending down - except for the nation's wealthiest. The number of people making $1 million or more soared by over 18 percent from 2009, the Social Security Administration said, citing payroll data based on W-2 forms submitted by employers to the Internal Revenue Service.
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