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Cherokee Village Arkansas Forum CherokeeVillageForum.com by CherokeeVillageAR.net :: Cherokee Village Arkansas Political Discussion :: National Politics Discussion

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by Paul2CV Thu Mar 10, 2011 10:32 am

Hi Forum,

Yahoo recently posted a story which gives us a good sense of the "new normal." Check this part out:

• And a recent Wall Street Journal analysis found that even though productivity rose 5.2 percent from mid 2009 to the end of 2010, wages increased by just 0.3 percent. That means only 6 percent of productivity gains were shared with workers. In past recoveries, that figure has averaged 58 percent. This time around, far more of the gains went to shareholders, in the form of profits, which are at record levels.

So much for "trickle down" economics!

Paul2CV: Posts : 1065
Points : 1844
Join date : 2010-08-17