By Owen Paine on Saturday July 17, 2010 05:01 PM
Over at union think tank EPI they got an update on the continuing stag saga, nicely packed in to one comparison. Point A:
"Total profits of U.S. corporations,...were at $1.50 trillion in the fourth quarter of 2007, and reached $1.59 trillion in the first quarter of 2010."Point B:
"Over that same period, the country lost 8.2 million jobs"
Comments (2)
Welcome to capitalism, boys.
Posted by Michael Dawson | July 18, 2010 3:39 PM
Posted on July 18, 2010 15:39
The poor in this country still aren't living in tar paper shacks with dirt floors so I guess the corporations still have their work cut out for them. But they're well on their way to making us into a 3rd world country banana republic.
Posted by Drunk Pundit | July 18, 2010 4:43 PM
Posted on July 18, 2010 16:43