Fascinating article at New York Times which asks the question "Corporate Profits Are Booming? Why aren't jobs?"
Answer: because it is not in the short term interest of certain members of our national elite to let them bloom.
But the kicker is "short term." In the long...well, that's another story entirely.
The line in this article which says it best, I think, comes near the end. It reads, "Some economists, conservative and liberal, divine forbidding portents in all of this. If profits and employment no longer rise and fall together, they worry, then an already strained social compact will grow yet more frayed."
Who can doubt that they will be frayed, indeed?
Link to story is below:
Profits Are Booming. Why Aren't Jobs?
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Lean Back
4 years ago
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