Relevant and even prescient commentary on news, politics and the economy.

US has Largely Turned into a Banana Republic in Political and Economic terms

“Record low labor share: corporate profits are at their most extreme levels ever compared with nonsupervisory payrolls,”  – by New Deal democrat An I’ve read a few takes in the past week or so about the declining “labor share” of GDP. To cut to the chase, here’s a link to that exact graph:  In case you are […]