Something from Worker's Power on the U.S. budget........

[limpyhobbler]

8. no prob. these are fun to read.

Capitalists must want it all. Here go some charts...


http://blogs.marketwatch.com/thetell/2013/03/28/u-s-corporate-profits-soar-in-2012-workers-get-little-of-it/

Corporate profits as a percentage of GDP

http://research.stlouisfed.org/fred2/graph/?g=cSh

For profits the recession is over. Not surprising since that's what government policies were designed to do.

Not a coincidence that income lost in the recession has not been recovered. Unemployment is still rampant. And jobs being created pay less than they used to. Red line is median income->


Still they use debt as an excuse to restructure our society, by cutting pensions, privatizing schools, etc.. Another way to say the same thing I guess is that rich people want to cut services so they won't be asked to pay more in taxes. Taxes are a flip side of profits.