Corporate Margins And Profits Are Increasing, But Workers’ Wages Aren’t
As we’ve been noting, corporate profits have made it back to their pre-recession heights (even if corporate tax revenue hasn’t followed suit). In fact, in 2011, corporate profits hit their highest level since 1950. But as Bloomberg News noted today, this hasn’t translated into wage growth or more purchasing power for workers: Companies are improving margins and generating …
Corporate Margins And Profits Are Increasing, But Workers’ Wages Aren’t Read More »
