Tuesday, December 4, 2012
Number of the Day
$1.75 trillion: US corporate earnings within the third quarter, up 18.6% from last year.Companies are presently generating like a number of the economy compared to what they have since such records were stored. But simultaneously, wages like a number of the economy are in an exciting-time low...Companies designed a record $824 billion in profits this past year too, as the stock exchange has already established certainly one of its best performances since 1900 while Obama continues to be at work.Meanwhile, employees are becoming rapid finish from the stick. As CNN Money described, "another government reading through implies that total wages have finally fallen to some record low of 43.5% of GDP. Until 1975, wages more often than not paid for not less than 1 / 2 of GDP, coupled with been up to 49% as lately as early 2001."I am certain enormous wealth will begin trickling lower any minute now...
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