On money and billy clubs

David Morris fqmorris at gmail.com
Mon Nov 28 09:43:48 CST 2011


http://www.washingtonmonthly.com/political-animal/2011_11/proving_the_99_right_1033729.php

When it comes to the circumstances that help drive the Occupy
protests, Floyd Norris shines a light on a dynamic that speaks
volumes:

In the eight decades before the recent recession, there was never a
period when as much as 9 percent of American gross domestic product
went to companies in the form of after-tax profits. Now the figure is
over 10 percent.

During the same period, there never was a quarter when wage and salary
income amounted to less than 45 percent of the economy. Now the figure
is below 44 percent.

For companies, these are boom times. For workers, the opposite is true.



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