Monday, March 04, 2013

Corporate Profits Have Risen Almost 20 Times Faster Than Workers’ Incomes Since 2008

Corporate Profits Have Risen Almost 20 Times Faster Than Workers’ Incomes Since 2008: pCorporate profits hit record highs in the second half of 2012, but that prosperity hasn’t led to the creation of jobs, since America’s biggest firms are sitting on stocks of cash instead of investing them back into the economy. At the same time, wages hit record lows, and corporate earnings are rising nearly 20 times [...]/p

From ThinkProgress.org

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