How corporations inflate CEO pay with stock buybacks – and why it’s bad for the rest of us

By Sam Pizzigati

Back in 1979, notes a new Economic Policy Institute report released last week, households in America’s statistical middle — the 20 percent of households making more than the nation’s poorest 40 percent and less than the nation’s most affluent 40 percent — averaged $16.72, after inflation, per hour worked. In 2012, households in this same statistical middle averaged $16.26 per hour.”…

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This article was printed in Moyers & Company publication of June 9, 2014

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