February 24, 2013

Financial industry has become America's main profit center

Evan Soltas - The graph  shows that the financial industry now makes roughly half of all nonfarm corporate profits in the U.S., a share which has risen five-fold since the end of World War II.

2 comments:

Anonymous said...

Soaring profits for the corporate heads, while the people who actually do the work, have seen their wages stagnate and raises diminished or disappear just like everyone else in this economy.

Capt. America said...

Financial industry? Industry? That's an insult. You might as well speak of the Mafia "industry", the pedophile "industry" or the murder "industry". The financiers toil not, neither do they spin, but unlike the lilies of the field, they don't look or smell good either.