Chart of the Day: Life is Good on Wall Street

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Via Catherine Rampell, this chart shows the growth of Wall Street salaries compared to the salaries of everyone else in New York. It comes from an annual report by the New York State comptroller, and in my continuing quest to add value to other people’s charts, I’ve adjusted the beginning numbers for inflation so you can see the growth rate more clearly. Wall Street salaries have risen 11.2% per year, while all other salaries have risen 1.8% per year.

Note also that after nearly destroying the world in 2008 and seeing their average salaries plummet to a mere $310,000 a year, things have already rebounded nicely for Wall Street. I guess it’s because they’ve done such a great job of getting the economy moving again.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

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And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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