While unemployment remains high, corporate profits have been growing, with companies being able...

While unemployment remains high, corporate profits have been growing, with companies being able to keep down wages due to the stagnant job market and make more money with fewer workers. Earnings have risen at an annualized 20.1% since the end of 2008 but disposable income just 1.4%. "There hasn't been a period in the last 50 years where these trends have been so pronounced," says Barclays economist Dean Maki.

Comments (2)
  • frosty
    , contributor
    Comments (720) | Send Message
    They have kept down wages but not executive salaries.
    4 Mar 2013, 10:33 AM Reply Like
  • into dark shadows
    , contributor
    Comments (460) | Send Message
    You fool!
    Screw earnings, they are as misleading as Slobama!
    Earnings are being goosed by share buybacks (reducing the shares and lifting reported earnings) and the so called miracle of Super M&A the talking heads are always waxing poetic about!
    Hey lying good for nothings, all the so called M&A has done
    is resulted in massive lay -offs!
    There is no middle class end user demand, think CRAPPLE has been immune to the out of reach "TOY'S" people have finally woken up to the fact they can't EAT!
    Walmart is a grocery store now, people are only buying the absolutely necessary to survive essentials!


    This propaganda administration and the lame street media are complicit in causing the soon to come next leg down!
    Re-test of 2009 lows over the next two years?
    When the jig is finally up, beware the "Top Down" takeover this administration has been readying for over the past five years!
    God save the Republic!
    4 Mar 2013, 11:55 AM Reply Like
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