News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Wednesday, February 22, 2012
Corporate Margins And Profits Are Increasing, But Workers’ Wages Aren’t
Corporate Margins And Profits Are Increasing, But Workers’ Wages Aren’t: pAs we’ve been noting, corporate profits have made it back to their pre-recession heights (even if corporate tax revenue hasn’t followed suit). In fact, in 2011, corporate profits hit their highest level since 1950. But as Bloomberg News noted today, this hasn’t translated into wage growth or more purchasing power for workers: Companies are improving [...]/p