Why are US corporate profits so high? Because wages are so low | MacroScope


Originally posted on News links:

Companies have not been unable to raise prices much because of the economic recovery has been fragile.

But they’ve still managed to boost profits beyond anything ever seen before because they’ve got away with employing as few workers as possible at as low a rate as possible.

via Why are US corporate profits so high? Because wages are so low | MacroScope.

View original



Categories: News and Commentary

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 4,647 other followers

%d bloggers like this: