Tuesday, July 06, 2004

Corporate Profits Skyrocket

A CBS/New York Times poll indicates that 52 percent disapprove of Bush’s handling of the economy. Nearly 2 million jobs have been lost since Bush took office; even in the teeny tiny recovery, 35 states still have fewer jobs than when the Bush recession started.

The economy is growing, but the vast majority of workers aren't seeing any benefit. Employment levels are still very low and the people who are employed are either treading water or losing ground.

In the so-called recovery, workers have lost ground nothing (income down 0.6 percent) while corporate profits have skyrocketed (up 62.2 percent).


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