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Economic pie is growing again
By Robert Reich

FIRST, THE GOOD news. The economic pie is growing again. Growth in the fourth quarter last year hit 3% on an annualized rate. February’s 227,000 net new job mark the third month in a row of jobs gains well in excess of 200,000.
Here’s the bad news. The share of growth going to American workers is at a record low.
Although the nation is now producing more goods and services than it did before the slump began in 2007, we’re doing it with 6 million fewer people.

Tuesday, March 20, 2012 3:26 PM
 

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