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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (52423)2/2/2006 1:39:29 PM
From: russwinter  Read Replies (1) of 110194
 
Not sure I agree with your analysis. How much of that growth was at the top end (highly paid executives etc?)>

Not agree with my analysis? What analysis, I'm simply stating the reality, withholding for wages is up 11.3%.

<How much of that growth was at the top end (highly paid executives etc?)>

I imagine a good portion of this are indeed Bullies, Pig Men, Wall Streeters, and execs. Or perhaps just those priviledged folks and their poodle groomers and waiters? But even if it's practically all Bullies and their groomers, that kind of elitist Brazil-like compensation profile is still highly inflationary. Ben has his work cut out.

Still, I also feel Joe Six is getting more than 2% wage increases now. He has too, to make up for the 7% inflationary expenses he bears sucking on Bullies fumes. The NY Times article is a classic, sex in the city crowd taking over.
nytimes.com
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