'For more than a dozen years now, Wall Street and corporate lobbyists have blocked both financial executive pay restrictions and a federal minimum wage increase.'
Sarah Anderson directs the Global Economy Project of the Institute for Policy Studies, and is a co-editor of Inequality.org.
The 2022 average Wall Street bonus of $176,700 is up 28.9 percent in real terms since 2008 . That’s more than twice as high as the 13.6 percent real average wage growth rate during this period for all private sector workers.
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