Since 2009, 88% Of Income Growth Went To Corporate Profits, Just 1% to Wages

[boutons_deux]

The always fragile social contract, aka, The American Dream where everybody's boats get floated, is over, irrevocably destroyed

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“Between the second quarter of 2009 and the fourth quarter of 2010, real national income in the U.S. increased by $528 billion. Pre-tax corporate profits by themselves had increased by $464 billion while aggregate real wages and salaries rose by only $7 billion or only .1%. Over this six quarter period, corporate profits captured 88% of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1% of the growth in real national income. …The absence of any positive share of national income growth due to wages and salaries received by American workers during the current economic recovery is historically unprecedented.”

http://thinkprogress.org/economy/201...fits-recovery/

[Wild Cobra]

How does it compare to losses beforehand?

[baseline bum]

It's hard to take an article seriously that writes .1% for the number 0.01.

[coyotes_geek]

lol thinkprogress. lol boutons.

[Viva Las Espuelas]

.1% lol

[Viva Las Espuelas]

Question:
About how many smiles, roughly, sprout on your face annually, boutons?