A change in regime?

In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.

Here is more.  The normal recovery pattern is more skewed toward capital than you might think, but this particular gradient is unprecedented as far as I know.


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