Hi there,

Free speech is democracy’s last line of defense. In these times of war, climate chaos, mass shootings, attacks on abortion rights, economic and racial injustice and threats to our democracy, we're committed to shining a spotlight on abuses of power and amplifying the voices of the movement leaders, organizers and everyday people who are working to change the world. But we can’t do it alone. We count on you to make all of our coverage possible. Can you donate $10 per month to support Democracy Now!’s independent journalism all year long? Right now, a generous donor will TRIPLE your gift, which means your $10 donation this month will be worth $30 to Democracy Now! Please do your part right now. Every dollar counts. Thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Studies Reveal Gap Between Rich and Poor Is Increasing, As Executive Salaries Continue to Rise

Listen
Media Options
Listen

Related

    On this Tuesday after Labor Day, we are going to take a look at how workers are faring in the U.S. economy. Between 1990 and 1998, the salaries of corporate executives skyrocketed 481 percent. Meanwhile, workers’ pay rose a mere 28 percent (barely more than inflation).

    These are the results of a recent study released by United for a Fair Economy and the Institute for Policy Studies. Their report, called “A Decade of Executive Excess: The 1990’s,” concludes that foreign companies are able to successfully compete in the global economy while paying their top executives substantially lower than their American counterparts.

    New data from the Congressional Budget Office shows that the gap between richest and poorest Americans has grown. A study by the Center for Budget and Policy Priorities reveals that this year, the richest 1 percent of Americans–2.7 million people -collectively make as much money as the bottom 100 million.

    Guests:

    • Chuck Collins, co-director, United for a Fair Economy, and co-author of the study.
    • Isaac Shapiro, from the Center for Budget and Policy Priorities, and author of the report on the gap between the rich and the poor.

    Related Story

    StorySep 26, 2022Fascism Returns in Italy: Giorgia Meloni Claims Victory, Allied with Right-Wing Parties Across Europe
    The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

    Non-commercial news needs your support

    We rely on contributions from our viewers and listeners to do our work.
    Please do your part today.
    Make a donation
    Top