Romney Says ‘Big Business Is Doing Fine,’ But He’d Still Give Them A Trillion-Dollar Tax Cut

Romney Says ‘Big Business Is Doing Fine,’ But He’d Still Give Them A Trillion-Dollar Tax Cut: When President Obama said earlier this year that the “private sector was doing fine,” Mitt Romney’s presidential campaign jumped on the comment as a sign that Obama was out of touch with reality. Romney, however, made a similar remark last night at a fundraiser in Minnesota, telling the donors that “Big business is doing fine [...]/p

Corporate Profits Rebound But Household Income Falls In Wake Of Great Recession

Corporate Profits Rebound But Household Income Falls In Wake Of Great Recession: Household incomes have fallen faster since the end of the Great Recession than they did during it, even as corporations have returned to greater profitability than they reached before the Great Recession. Corporate profits passed their pre-recession levels earlier this year, but according to a new study from Sentier Research, household incomes have fallen behind, [...]/p