Government vs Labor and Business

cropped-bob-shapiro.jpg   By Bob Shapiro

Witnesses observing a crime in progress may tell different stories. Economists looking at the same chart describing the US Economy also may not agree on what’s going on.

A recent article on the American Enterprise Institute (AEI) web site, by James Pethokoukis, The Rise of the Machines vs Workers, in One Chart, showed the following chart:

Corp Profits

Continue reading