Happy Days are here again, folks–uh, for the corporate bottom line. The people: not so much. Profits are up big time: While the U.S. economy staggers through one of its slowest recoveries since the Great Depression, American companies are poised to report strong earnings for the second quarter—exposing a dichotomy between corporate performance and […]
Working Life
Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Mirage"
Economic Super-Dystopia: Corp Profits Strong…”Recovery” For Real People Awful
Posted on 06 July 2011.
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Something Can’t Lose Steam If It Never Was
Posted on 17 June 2011.
I really think the people who talk about "recovery" live in a world not inhabited by most Americans: The economic recovery that started in mid-2009 is losing steam. The manufacturing sector, once the driver of the recovery, stumbled in May as companies cut back on production and hiring. A persistent slowdown in hiring is […]
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