Profits Without Workers
Recovery in U.S. Is Lifting Profits, but Not Adding Jobs by Nelson Schwartz, The New York Times March 3, 2013 http://www.nytimes.com/2013/03/04/business/economy/corporate-profits-soar-as-worker-income-limps.html?nl=todaysheadlines&emc=edit_th_20130304&_r=0
[excerpted] With millions still out of work, companies face little pressure to raise salaries, while productivity gains allow them to increase sales without adding workers. [end]
They Say: "Let Them Eat Cake!"
As Automatic Budget Cuts Go Into Effect, Poor May Be Hit Particularly Hard by Annie Lowrey March 3, 2013 The New York Times http://www.nytimes.com/2013/03/04/us/politics/poor-face-most-pain-as-automatic-budget-cuts-take-effect.html?nl=todaysheadlines&emc=edit_th_20130304