Henry Blodget writes: Inequality in this country has hit a level that has been seen only once in the nation’s history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high.
In other words, in the never-ending tug-of-war between “labor” and “capital,” there has rarely—if ever—been a time when “capital” was so clearly winning.
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Wages as a percent of the US economy are the lowest they have ever been.
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Corporate profits are at an all-time high
See 30 more charts tracking inequality in the United States.