America's New Normal

As the Dow Jones and other stock markets continue to reach new record highs and corporations report insanely high profits unemployment numbers should still alarm any intelligent economist.
Even as new workers are hired they are receiving far lower salaries and fewer benefits than ever before.  This at a time when their so-called fixed costs continue to rise.

So here is a quickie economic explanation for those who don't like to read long winded posts by way of an updated old adage:

A RISING TIDE 

LIFTS ALL YACHTS

& DROWNS THE MIDDLE CLASS

AND THE POOR



¿CE N'EST PAS? (THEY HATE FRENCH!)