Epoch Times (China):
Bonus spending to reduce the era of high pay for large companies gone
18 January 2018
Stanford economist Nicholas Bloom and his cohort analyzed the federal revenue data from the late 1970s to 2013 and found that the gap has shrunk to 20%. Professor Bloom said: "The big pay has existed for more than 100 years but seems to have collapsed in the United States in the last 30 or 40 years." He said for low-income workers and those without a college degree, This phenomenon has basically disappeared. In 2013, laborers with incomes at the bottom 50% earn almost no income from large companies than from small ones. The income gap between university graduates in large and small companies remained stable.
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