To the discussion about CEO pay and the wages paid to workers. There is an article from the Economist that speaks to this and the rise in GDP versus the median wages.
I know folks are tiptoeing around any p...... reference and I will also but most articles on this subject use terms in the WH as the basis.
" In ...... ....’s first six years GDP rose 16%, but median incomes fell 2%. Under .. ..... it has been even worse: GDP is up 8% and median income is down 4%, according to the Census Bureau and Sentier Research, a private outfit."
Barack Obama and the economy: The woes of the average Joe | The Economist
This is speaking to the last 14 years, and the point is NOT p........ but it is economic.
Hitting 18000 is a good sign, but it does not solve our problems. Tax cuts and addressing entitlements is what is needed. We shall see.
By the way, the link is a very fair article and gives credit where credit is due. It has charts to make its point.