The difference in income from one decade to another is irrelevant without taking into consideration the buying power of that income. You said:
In 1967 about 8% of US households had an income of more than $100,000; today that percentage stands at 28%
However, for someone who made $100,000 in 1967 to have the same buying potential in 2017, he/she would have to make $733,892, which would put him/her in the upper, not middle class.
Anyone making $100,000 in 1967 was wealthy — very wealthy. In 2018, $100,000 puts you in the middle class.
Raising wages for employees is not a liberal vs conservative agenda; it is a human rights agenda. Anyone who thinks wages should not increase to keep pace with inflation or to mirror the increased profit of a company is simply an inhumane person. The fact that you think this is a political issue indicates that you do not give a damn about your fellow citizens and other human beings in general.
I posted this in response to someone else’s comment:
I ran figures a few years ago on one of my clients. In the 80’s the owners/officers were making double, triple, or quadruple the highest employee’s income. Now, they are making 7 to 12 times what the highest employee makes. Plus, benefits are less than half what they once were, and employees are expected to receive work emails on their cell phones and several must have the ability to log into their work computers from home. Employees work many weekends and holidays, take work home, and answer emails while out sick or on vacation. Many find it difficult, if not impossible, to take more than 2 or 3 days off at a time because the workload is so heavy. Vacations of 5 or more days rarely happen. These people are working harder, experience greater levels of stress, and have less personal time than ever but have less to show for it. Most of the employees have been there for 25+ years so it’s easy to track wages, vacations, etc. These are dedicated, hardworking, knowledgeable, and competent professionals who are well respected in their fields. Yet, their working and income situations have deteriorated over the years while their bosses’ have improved greatly.
My guess is that you think this situation is okay or rare. It isn’t okay and it’s not rare. In fact, such situations are the norm.
Obviously, you didn’t read any of the articles I linked to my reply to your first response. You probably thought they would be liberal drivel so you didn’t bother.
If it is liberal to want hardworking Americans to be paid a sustainable wage, then we should all be liberal or whatever other labels you want to hang on it.
It shocks and dismays me that Americans do not understand or care that they or their fellow citizens are being treated so poorly.
You, sir, have a cold heart.