Economy

Headline of the Day

The awful truth:

As Corporate Profits Rise, Workers’ Income Declines

But of course we should continue to give major corporations huge tax breaks at the peril of the economy. Someone explain how this is going to help when it hasn't helped in at least 10 years. Tax cuts have coincided with record deficits, record debt, lower worker wages, stagnant middle class incomes, high unemployment, the loss of eight million jobs, a housing crisis, a massively deep recession, corporate scandals, and the possibility of another recession.

Tell me how tax cuts for the rich and corporations "work" again. Go ahead.