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Post a Comment On: Doug Ross @ Journal

"Another Record Shattered: This is 'a Great Depression in Real Wages'"

3 Comments -

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Anonymous Andrew said...

CORPORATE PROFITS HIT NEW NOMINAL RECORD. The recovery is going just fine for corporate profits. Aided by efforts to get more production from labor spending, U.S. companies banked $1.7 trillion in profits for the first three months of 2011, or 1.3 percent higher than the previous quarter. That could be a good sign for the broader economy if companies use that money to hire workers or purchase capital equipment. If they move more toward reinvesting those profits outside the United States, though, ordinary Americans may not end up sharing the wealth.

Link.

It's funny how that works.

If anything, Obama should be blamed for not being hard enough on corporate America. These guys are just hoarding their wealth and underpaying American workers despite higher productivity.

10:54 AM

Anonymous whitehall said...

The Obama Administration has certainly ruined the nuclear power industry. His appointees have blocked licenses across the board, all the while Obama is claiming to be supportive.

He lies.

1:18 PM

Anonymous Anonymous said...

The commercial fishing industry has been ravaged. Thanks, Obama.

1:48 PM

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