Thursday, February 18, 2016

The US Economy Has Not Recovered and Will Not Recover

The Unz Review » Items
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The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted corporate executives and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.” […]

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