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posted by LaminatorX on Tuesday September 09 2014, @09:34AM   Printer-friendly
from the when-they-say-trickle-down-they-really-do-mean-trickle dept.

The Center for American Progress reports:

In 2013, the share of corporate income that trickles down to workers hit its lowest point since 1950, according to an analysis from the Economic Policy Institute.

Corporate income, which makes up about three-quarters of all private sector income in the country, can either go to employees or the owners of companies, and last year just under 73 percent went to employees, the lowest point in more than six decades.

Workers' share of corporate income was trending downward for at least a decade before the recession hit, and it only rebounded in 2008 because corporate profits were hit by the financial crisis, falling faster than wages for several months.

Workers aren't earning less because they're slacking off -- just the opposite. Their productivity increased 8 percent between 2007 and 2012 while their wages actually fell, a trend that has been going on since at least 1979. And they've been speeding up since the recession, increasing their productivity last summer at the fastest pace since 2009.

 
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  • (Score: 0) by Anonymous Coward on Tuesday September 09 2014, @09:11PM

    by Anonymous Coward on Tuesday September 09 2014, @09:11PM (#91484)

    i really don't get why you would compare business owners to donald trump

    most business owners don't make millions of dollars and work their asses off to keep their businesses afloat and their employees paid

    in fact most businesses are small to medium enterprises, and they deserve more of a break

    it's really a pity that more people can't appreciate the sacrifices required to start and run a business, particularly in bureacracy-heavy usa