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cynatnite

(31,011 posts)
Mon Jun 25, 2012, 01:14 PM Jun 2012

Wages at all time low...

Last edited Mon Jun 25, 2012, 02:00 PM - Edit history (1)

Wages as a percent of the economy are at an all-time low. This is both cause and effect. One reason companies are so profitable is that they're paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those "wages" are other companies' revenue.

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In short, our current system and philosophy is creating a country of a few million overlords and 300+ million serfs.

http://www.businessinsider.com/corporate-profits-just-hit-an-all-time-high-wages-just-hit-an-all-time-low-2012-6

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Wages at all time low... (Original Post) cynatnite Jun 2012 OP
kicking because it's important. n/t cynatnite Jun 2012 #1
kr HiPointDem Jun 2012 #2
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