{"id":16187,"date":"2012-06-27T11:55:43","date_gmt":"2012-06-27T10:55:43","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=16187"},"modified":"2012-06-27T11:55:43","modified_gmt":"2012-06-27T10:55:43","slug":"us-corporate-profits-just-hit-an-all-time-high-wages-just-hit-an-all-time-low","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/06\/27\/us-corporate-profits-just-hit-an-all-time-high-wages-just-hit-an-all-time-low\/","title":{"rendered":"US Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low"},"content":{"rendered":"<p>The above is the title of an <a href=\"http:\/\/www.businessinsider.com\/corporate-profits-just-hit-an-all-time-high-wages-just-hit-an-all-time-low-2012-6#ixzz1yZnjmfOM\" target=\"_blank\">article on Business Insider<\/a>.\u00a0The evidence comes from highly reputable sources.\u00a0And the claims are justified. Kust look at the graphs.<\/p>\n<p>But then the\u00a0reason\u00a0why we have a crisis is that the\u00a0wealthiest\u00a0and companies got too rich whilst most got left behind so the wealthiest and companies lent the rest\u00a0of\u00a0us their\u00a0excess\u00a0wealth through debt arrangements which people could not repay.<\/p>\n<p>And the trouble is the problem is\u00a0getting\u00a0worse, not better.<\/p>\n<p>Which is why Mervyn King is right to say we have a lot more misery to come. Only systemic reform will change that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The above is the title of an article on Business Insider.\u00a0The evidence comes from highly reputable sources.\u00a0And the claims are justified. Kust look at the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/06\/27\/us-corporate-profits-just-hit-an-all-time-high-wages-just-hit-an-all-time-low\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-16187","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=16187"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=16187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=16187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=16187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}