In the 12 months ending in September, overall compensation in the private sector grew 2.9 %, the same year-over-year pace as in the second quarter. (The first quarter growth was 2.8 percent.) This is up from roughly 2 % from two years ago and the fastest rate in a decade. @AAF
AND? In the same 12 months, the U.S. debt grew by almost 10% and is nearing the 22 Trillion dollar mark. That is up almost 15% from two years ago - the highest level in history - and will only getting higher. Guess who voted for all of it? Old Big Government John, that's who.
