] So if jobs are scarce and wages are flat, who's
] benefiting from the economy's expansion? The direct gains
] are going largely to corporate profits, which rose at an
] annual rate of more than 40 percent in the third quarter.
] Indirectly, that means that gains are going to
] stockholders, who are the ultimate owners of corporate
] profits. (That is, if the gains don't go to self-dealing
] executives, but let's save that topic for another day.)
Here's our so-called recovery. Anyone here feel left out in the cold?
Op-Ed Columnist: Our So-Called Boom