American Morning

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June 20th, 2011
08:31 AM ET

Why your boss, not Wall Street, could be to blame for the growing income gap

You've heard the expression "the rich keep getting richer." It's never been more true than it is today.

Since the 1970s, the average paycheck for a corporate executive in this country has quadrupled, while your paycheck has remained relatively stagnant.

But who is making all the money?

We assume it's the fat cats on Wall street, but it turns out it's more likely to be your boss.

This morning on American Morning, Peter Whoriskey with The Washington Post spoke with Carol Costello about his piece and what this growing income gap means for the economy.

Filed under: Economy • Income gap
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