This morning Joe Scarborough was all giddy touting that George Bush “created 3 million jobs”. This is something I have seen Republicans push for quiet sometime without backing it up with any data. Well that data is really easy to find on the Bureau of Labor Statistics website. First off, here is a nice graph […]
Corporations Record “Near Historic Profits” As Middle America Suffers
As if this comes as any shocker: Corporate America finished the second quarter with “near-historic” profits, largely by cutting costs, laying off employees and streamlining operations, the Wall Street Journal reports. Profits for companies in the S&P 500 soared 38 percent from the same period last year, hitting $189 billion, the WSJ says, the sixth-highest […]
