Corporate Profits Hit Record High While Worker Wages Hit Record Low

Corporate Profits Hit Record High While Worker Wages Hit Record Low: pA constant conservative charge against President Obama is that he is inherently anti-business. However, businesses keep defying the storyline by making larger and larger profits, rebounding nicely out of the Great Recession. In the third quarter of this year, “corporate earnings were $1.75 trillion, up 18.6% from a year ago.” Corporations are currently making more [...]/p