In case you need more confirmation that the US economy is out of balance, here are three charts for you.
1) Corporate profit margins just hit another all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from "too much regulation" and "too many taxes." Maybe little companies are, but big ones certainly aren't. What they're suffering from is a myopic obsession with short-term profits at the expense of long-term value creation).
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Friday, April 12, 2013
Profits At High, Wages At Low - Business Insider
Profits At High, Wages At Low - Business Insider
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