Who Likes Cake?
It may surprise you to know that, right now, corporations are enjoying record profits. While the rest of us are struggling just to make ends meet, large corporations are sitting on billions in profits. But they’re not hiring—at least, not in the U.S.
The Associated Press asked a few corporate executives for their thoughts and predictions. The results (featured in the Business Section of the February 1 Oregonian) are, well, certainly insightful:
So, in case you missed it, large corporations and the rich (and those who cater to large corporations and the rich) are doing just fine. The rest of us, apparently, can eat cake.
Economic Fairness Oregon has more on the growing gap between Wall Street and Main Street here.