7.04.2011

So maybe it's a good thing nobody understands math any more

Undernews: Corporate profits are 88% of growth in national income. . . wages and salaries about one percent

Center for Labor Market Studies - Between the second quarter of 2009 and the fourth quarter of 2010, real national income in the U.S. increased by $528 billion. Pre-tax corporate profits by themselves had increased by $464 billion while aggregate real wages and salaries rose by only $7 billion or only 0.1%....

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