As a result, wages and salaries now make up the lowest share of the nation’s gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960’s. UBS, the investment bank, recently described the current period as —the golden era of profitability.”
Real Wages Fail to Match a Rise in Productivity – New York Times
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http://cafehayek.typepad.com/hayek/2006/08/catering_to_ign.html
Good rebuttal including a look at more comprehensive data showing that real compensation has increased since 2001.