"U.S. personal income fell for the first time in more than three years in January as dividends and interest payments dropped"
It hit the people with stocks and money in the bank the most.
Or you know people with pension funds
And people who buy from the rest of us
Actually CEOs make the bulk of their money as capital gains, not wages, since they are compensated in stock options. Per the article wages are up 0.3%, which means normal people on a salary or hourly with no/insignificant investments have more money in their pockets. So this actually is money trickling down.
> So this actually is money trickling down.
Isn't this actually just money trickling up less quickly than before?
The source says wages went up while dividend/interest income went down.