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| click on graph to enlarge, "esc" to return |
...they [The NY Times] missed the fact that the labor share (technically, the share of income going to labor in nonfinancial corporations) continues its downward spiral since the crash of 2007-08. ...they also missed the fact that the labor share remains (after a slight uptick) lower than at any point since 1947.
The author provides the graphs for, and a synopsis of, an excellent article, which I highly recommend, posted by David Cay Johnston on The National Memo. The latter provides the stark reality that lies behind the information that the NY Times is willing to report.
This is one more illustration of how our nation's leading newspaper manages the news to serve the interests of the One Percent ruling class. This publication signals all the rest of the media executives on what and how to report information in their media.