There’s been a lot of talk about the South Fulton, Tennessee fire department standing around while Gene Cranick’s house burned to the ground all because Cranick didn’t pay a $75 subscription fee to the fire department, but I think there is one key point being missed here; what’s to come. First off, as a former […]
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 […]