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We’ve all heard it before: “The rich get richer, while the poor get poorer” — or some variation of that saying. Sometimes it seems like the system was built to work against the average worker, and if you feel that way or live paycheck to paycheck, you’re not alone.
According to a recent study on corporate greed, “Wall Street and corporate CEOs have created an economy that is dangerously out of balance.” The Executive Paywatch Report, compiled annually by the AFL-CIO, the largest U.S. labor union, sheds new light on the widening gap between top executives and their employees.
