Dow Jones/Marketwatch reports two eye-opening statistics. First, Commerce Department data released last week show U.S. corporate profits have increased 21.3% in the past year and now account for the largest share of national income in 40 years. Second, the share of national income going to wage and salary workers has fallen to 56.9%. Except for a brief period in 1997, that's the lowest share for labor income since 1966.
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surplus to political requirements
3 years ago