CNN: Middle Class Squeeze - Corporate Profits Up, Wages Down

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Uploaded by on Apr 30, 2007

Center for American Progress Senior Fellow Christian Weller tells CNN that record corporate profits are being tallied while wages and benefits are being slashed.

Read Christian's latst column on the US economy here: http://www.americanprogress.org/issues/2007/04/weller_momentum.html

www.AMERICANPROGRESS.org

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  • @He101A

    America is the second least taxed nation in the OECD...

  • Crowley was Illuminati, a Mason and Part of the Movement for Israel! Wake UP America! Zionist Jews Want Control of the WHOLE FUCKING WORLD, AND THEY ARE DOING A DAMN GOOD JOB! Fuck the Illuminati, Fuck Israel, Fuck the Masons, Fuck Skull and Bones, Fuck the Bohemien Grove, Fuck the LIARS, FUCK HIDDEN HOLLYWOOD, FUCK THE LYING MEDIA OWNERS, THE BIAS MEDIA, and a Real Soldier Solute to KoRn for Pointing out the truth in Y'all want a Single! KILL THE ROTHCHILDS!

  • 2.88 wow

  • Invest in a Precious Metals fund domestically.

  • Amen!

  • Cyber: No argument I'd only add that you take into consideration a larger parametrical view. How many economies are dependent on the U.S? How much money is wasted (by wealthy) on protectionistic schemas (bonds, regulation-lobbying dollars) that would otherwise be invested (in a "true" free-market) on entrepreneurialism.

    As an aside: Entrepreneurialism per capita comes principally from the most "driven" sectors of society: Immigrants (by class), Blacks (by race), Engineers (by field).

  • Not really. Anyone with more than a few million will probably be diversified over multiple asset classes in order to spread their risk. Anyone with a positive FIQ knows that keeping your money in a bank savings account is a dumb idea.

  • Foreign investment is the way to go. It costs too much to invest in the USA.

  • All of these are fleeting models of wealth generation -- so they are "wealthy" in a short-run basis ((we are talking 20 years max here)). We need to change our attitude toward "profit" we need to understand: 1) fiat vs hard asset backed currency, 2) Constitutional Republic vs Military Colonialism (the Social Democracy we live under), 3) Taxation-Defict Spending vs Low Low Tax - Free Market Economy!!

  • All of these are fleeting models of wealth generation -- so they are "wealthy" in a short-run basis ((we are talking 20 years max here)). We need to change our attitude toward "profit" we need to understand: 1) fiat vs hard asset backed currency, 2) Constitutional Republic vs Military Colonialism (the Social Democracy we live under), 3) Taxation-Defict Spending vs Low Low Tax - Free Market Economy!!

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