Is Great Depression II on the Horizon? - Blogcritics Culture - 0 views
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thinkahol * on 14 Aug 11A new study by Northwestern University economists, called The "Jobless and Wageless" Recovery from the Great Recession of 2007-2009," found that the economic Recovery is highly uneven: corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than one percent. In other words, the average American worker has been left behind by the recovery, which officially began in June 2009. "The economic Recovery through 2011 I has failed to create any net new jobs since the quarter marking the end of the recession in 2009 II