The government long ago declared the end of the recession, but most Americans aren't doing much better than they were two years ago.
A new piece in this week's issue of reliably muckraking newsmagazine The Atlantic helps explain just what's going on, in an article entitled “Squeezed Dry: Why Americans Work So Hard but Feel So Poor.”
"Since the recovery began,” author Derek Thompson explains, “corporate profits have captured nearly 90 percent of the growth in real income. Wages and salaries have accounted for 1 percent."
Showing posts with label Ronald Reagan Tax Rates Wealth. Show all posts
Showing posts with label Ronald Reagan Tax Rates Wealth. Show all posts
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