Friday, August 6, 2010

Decoupling corporate profits from jobs - SFGate

Decoupling corporate profits from jobs - SFGate
Bottom line: Higher corporate profits no longer lead to higher employment. We're witnessing a great decoupling of company profits from jobs.

The next supply-side economist who tells you companies need more incentive (i.e., lower taxes) before they'll hire is living on another planet.