Thread: Economics Strikes dont always work.
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Old 11-14-2012, 04:00 PM   #44
Amnorix Amnorix is offline
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So, further to my last, here's a telling chart -- comparing corporate profits to employee wages over time.





This, meanwhile, all has a pretty negative effect on helping the economy recover. Employers aren't hiring, and they're not giving raises, which resulted in NEGATIVE real wage growth in 2011. So across the entire American workforce, purchasing power was less in 2011 than 2010. So we have not only high unemployment, but even among the gainfully employed less real wages.

All against a backdrop of record corporate profits.
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