as average wages fall,....

Now, economists from Northeastern University have released a study that finds our sluggish economic recovery has almost solely benefited corporations.
http://thinkprogress.org/economy/2011/06/30/258388/corporate-profits-recovery/


“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 .1%. Over this six quarter period, corporate profits captured 88% of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1% of the growth in real national income. …The absence of any positive share of national income growth due to wages and salaries received by American workers during the current economic recovery is historically unprecedented.”
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Re: as average wages fall,....

According to the GOP, we need rich getting richer to increase job growth.

But maybe only at minimum wage. Is that how its working?
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Former_Member
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Re: as average wages fall,....

According to Romney, corporations are people too! So, there's really no problem then.
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Former_Member
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Re: as average wages fall,....

no on really even survives on minimum wage...
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