Why is This Guy Happy?
He’s happy because the people getting all this money are going to send him some of it for his election campaign, so they can get even more:
Real wages fell in 2011, despite record corporate profits. “There’s never been a postwar era in which unemployment has been this high for this long,” explained labor economist Gary Burtless. “Workers are in a very weak bargaining position.”
So, we, the 99% got 1%, and the 1% got 88% of Obama’s economic boom.
Is there any indication this is going to change anytime soon?