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Op-Ed Columnist: Our So-Called Boom by ryan is the supernicety at 11:25 am EST, Dec 30, 2003 |
] So if jobs are scarce and wages are flat, who's ] benefiting from the economy's expansion? The direct gains ] are going largely to corporate profits, which rose at an ] annual rate of more than 40 percent in the third quarter. ] Indirectly, that means that gains are going to ] stockholders, who are the ultimate owners of corporate ] profits. (That is, if the gains don't go to self-dealing ] executives, but let's save that topic for another day.) Here's our so-called recovery. Paul Krugman is like smart or something. END My So-Called Life Reference. |
Op-Ed Columnist: Our So-Called Boom by Rattle at 3:05 pm EST, Dec 30, 2003 |
] So if jobs are scarce and wages are flat, who's ] benefiting from the economy's expansion? The direct gains ] are going largely to corporate profits, which rose at an ] annual rate of more than 40 percent in the third quarter. ] Indirectly, that means that gains are going to ] stockholders, who are the ultimate owners of corporate ] profits. (That is, if the gains don't go to self-dealing ] executives, but let's save that topic for another day.) Here's our so-called recovery. Anyone here feel left out in the cold? |
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