Monday, August 28, 2006

I'm no economist, but wages and salaries are how the lower class and the middle class, you know, make their living. But hey, how about those corporate profits. Good to see those nice kids are doing well.

Real Wages Fail to Match a Rise in Productivity
As a result, wages and salaries now make up the lowest share of the nation’s gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960’s.

And hey, NYT? Frank Luntz? Frank - coiner of the phrase "death tax" - Luntz? It's one thing to seek balance, and another to seek bullshit. Why did you choose the latter?


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