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Corporate profits hit all-time high, wages hit all-time low* (again)

It was true last June, and it’s even truer now.

Fans of the classic “Leave it to Beaver” sitcom (which appeared on American TV from the late 1950s to the early 1960s and has since been endlessly rerun) may appreciate this brilliant take on what conservatives like Fox News’s Bill O’Reilly consider a golden age of traditional family values here in the US:

Things have got so out-of-whack that even a confirmed union hater like Henry Blodget is reconsidering.


*Wages as a percentage of the GDP.