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Corporations Have 'Captured' 88 Percent Of All Of Post-Recession Income Growth

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Corporations Have 'Captured' 88 Percent Of All Of Post-Recession Income Growth Empty Corporations Have 'Captured' 88 Percent Of All Of Post-Recession Income Growth

Post by Guest Sun Jul 03, 2011 8:50 am

Corporations have reaped in approximately 88 percent of the national income growth since the economic recovery began, states a report by Northeastern University, cited by The New York Times.

The report, entitled "The 'Jobless and Wageless Recovery' From the Great Recession of 2007-2009," outlines what has been the most corporate-friendly recovery in more than a generation. Worker's wages and salaries have only accounted for slightly more than one percent of all income growth.

http://www.huffingtonpost.com/2011/06/30/corporations-88-percent-income-growth_n_888066.html

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