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Compensation and Benefits

Florida adding jobs, but wages remain stagnant

Florida adding jobs, but wages remain stagnant

"People vote their pocketbooks" has been a cardinal rule of American politics, offsetting or balancing the sway of moneyed interests. So, news that one-third of Florida's legislators filing financial disclosures have reported net worths of $1 million or more is somewhat startling. That's roughly half of the 40-member Senate and 25 percent of the House in a state with an annual median income of $31,659. What's to be made of such a disconnect? That politics is a "rich man's game?" The state's middle- and low-income classes don't vote or lack choices? Think wealth has no impact on policy? Florida has always had pockets of wealth, and every...

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