The Wageless, Jobless, Good-For-A-Few-Fat-Cats So-Called Recovery

Abby Zimet

We kinda knew it but it's even worse than we thought: Economists from Northeastern University have released a study showing that corporate profits account for 88% of the recent growth in national income, while wages make up only slightly over 1%, an inequity they call "historically unprecedented." Guess that trickle down thingey's working out okay for ya if you're already rich.


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“The only major beneficiaries of the recovery have been corporate profits and the stock market and its shareholders.”

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