PROFITS: The Importance of How Much

How much does the boss make? To the boss, that has long been an understandably important question. But in the postwar fight over wages, another important question has bobbed up: how much do the workers think the boss (i.e., the "proprietors," the managers, and the stockholders) makes?

To find the answer, the Los Angeles Merchants and Manufacturers Association recently hired a professional pollster to ask a cross-section of Los Angeles residents. Of some 1,000 who were interviewed, more than half thought the employers must get around 50¢ out of every incoming dollar. Almost a third thought they got upwards of 75¢....

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