Sunday 24 June 2012

Corporate profits at all-time high, wages at all-time low

In other words, economic or income inequality, which is the gap between wealthy and poor is on the rise.

This report on Business Insider has really moved (surprised, frustrated, bothered, and provoked) me which is why I had to share:
1) Corporate profit margins just hit an all-time high
2) Fewer Americans are working than at any time in the past three decades
3) Wages as a percent of the economy are at an all-time low

It is modeled on the USA, but both global and local inequality is a growing issue and has far reaching negative consequences on the population en masse. 


And before you point your fingers to any government or criticise politicians, ask yourself what good deed have you done today to help those in need?



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