Profits Are Soaring. Workers’ Share of Income Is Sinking.

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Jacobin

Profits Are Soaring. Workers’ Share of Income Is Sinking.

Outside periods of recession, the public mood has rarely been as downbeat about the economy as it is today, with consumer confidence at a and a about where things are headed. Against this backdrop, political and business leaders are touting an economic “golden age,” pointing to , stable unemployment, , and a stock market that seems to only go up. The vibes on Main Street are gloomy, but on Wall Street they are nea…