That's not "wages", that's "average wages". I don't expect much but I at least expect a passing knowledge of statistics and intellectual honesty. If most people

That's not "wages", that's "average wages". I don't expect much but I at least expect a passing knowledge of statistics and intellectual honesty. If most people have nothing and one billionaire joins the group that doesn't make everyone rather wealthy even if it drastically raises the average. Keep in mind that there was a massive rise in C-level and especially CEO compensation compared to most other wages. Arguably this can be traced back to a specific book being rather popular among wealthy investors and entrepreneurs that argued CEOs are underpaid, which many CEOs agreed with and convinced the investors to also agree with. But this does nothing for the wages of anyone outside this group because C-level compensation is orders of magnitude removed from that of anyone lower in the ladder.