Saturday, July 2, 2011

Recession's over then?

Corporate profits rise 88%. Income and wages rise 1%. I can't even think up a snarky comment. I'm just appalled.

Mother Jones story highlighting the findings of a Northeastern University Center for Labor Market Studies report here.

If you think about what these numbers really mean maybe the recovery is worse than the recession? If prosperity doesn't find its way into wages what's the point.

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