General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOur Current Economic Mess, Explained With Headlines
http://www.commondreams.org/view/2013/03/05-4I was doing research, gathering headlines for a post. But the headlines told a story of their own. So here they are:
2010
November 2010, Corporate Profits Hit New Record, U.S. Workers Still Struggling
2011
January 2011, Profits Are Booming. Why Arent Jobs?
May 2011, Corporate Profits At All-Time High As Recovery Stumbles
June 2011, Since 2009, 88 Percent Of Income Growth Went To Corporate Profits, Just One Percent Went To Wages
July 2011, Corporate profits share of pie most in 60 years
July 2011, A Boom in Corporate Profits, a Bust in Jobs, Wages
August 2011, Companies near record profits amid high unemployment
October 2011, While Corporate Profits Are At 60-Year High, Main Street Businesses Continue To Struggle
November 2011, GDP revised downward; corporate profits up
2012
February 2012, Corporate Margins And Profits Are Increasing, But Workers Wages Arent
May 2012, Corporate Profits Return To Prerecession Levels, But Job Growth And Investment Remain Weak
June 2012, Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low
July 2012, The Economy Stinks, but at Least Corporate Profits Are at 60-Year Highs!
December 2012, Corporate profits hit all-time high as wages drop to record low
NYC_SKP
(68,644 posts)Still Sensible
(2,870 posts)chervilant
(8,267 posts)with a completely corrupt media, those articles were likely slanted to encourage sheeple to believe the economy is recovering.
mojowork_n
(2,354 posts)Thanks for including the link to the graphic, too. Adds a lot.
L0oniX
(31,493 posts)WillyT
(72,631 posts)Martin Eden
(12,870 posts)Uh, because trickle-down economics doesn't trickle-down and never will?
The Powers That Be are doing just fine, and therefore see no reason to change the rules of the game.
(BTW, they set the rules)
raouldukelives
(5,178 posts)Millions of people silently voting with their money to crush unions, crush environmental laws, crush safety nets and fund the politicians willing to do anything for a buck.
It will only end when the ones who have truly had enough decide to stop helping Nasdaq and start helping at home.
progressoid
(49,991 posts)spanone
(135,844 posts)Fire Walk With Me
(38,893 posts)"The Plutonomy Symposium: Rising Tides Lifting Yachts":
https://www.box.com/shared/9if6v2hr9h
Scattered analysis:
http://occupyobservations.blogspot.com/2013/02/the-leaked-2006-citigroup-plutonomy-memo.html
it is what happens when corporations are allowed to treat workers like garbage - it is a conservative wet dream