Corporate Profits and Worker Unemployment

Corporate Profits and Worker Unemployment

Posted By: SARTRE
Date: Wednesday, 25-Sep-2013 06:25:33

The informative business publication, Zero Hedge, featured the voice of common sense and economic insight, Rick Santelli. "CNBC's Rick Santelli asks the (rhetorical) question that everyone should ask: "[What the Fed minutes said] is, listen, we have to wait for bigger confirmation that the economy is doing better; and for that, we're going to look at the employment side. [At the same time] we have the fewest people working that can work in 30 years, and all-time-record-high profits for corporations. Now, does that strategy sound rational to you?" It seems, now that Bernanke has seemingly promised that it will really never end, that Santelli's question will become increasingly critical in this country." Read the entire article on the Negotium archive page http://www.batr.org/negotium/092513.html Subscribe to the BATR Realpolitik Newsletter http://eepurl.com/ESQ5L Discuss or comment about this essay on the BATR Forum http://forum.batr.net/showthread.php?tid=4196 http://www.batr.org/negotium/092513.html