Guess which line is Profits and which is Labor Compensation...

[cthulu2016]

This chart is from a Krugman piece entitled, "Why Corporations Might Not Mind Moderate Depression"

http://krugman.blogs.nytimes.com/2013/12/25/why-corporations-might-not-mind-moderate-depression/

There are intriguing economic reasons discussed.

And a conclusion about why there has been no political fix for the economy.

Now, about the political economy: I don’t think we have to believe in a cabal of CEOs trying to keep the economy depressed. All that we need is for the big money to find the state of the economy OK from its point of view, so that politicians who listen to that money lose interest in the unemployed. You can round up a who’s who of CEOs for Fix the Debt; you can’t even get started on a power-list drive to Fix the Economy. And so it remains unfixed.

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[El_Johns]

1. K&R

[NYC_SKP]

2. Recommended!

[WowSeriously]

3. I wonder if the rapidly climbing blue line

And the slightly cratered red line around the year 2010 had anything to do with midterm election debacle.

Nah, it's the frigg'n liberals and the professional left's fault.

[rhett o rick]

6. You mean the "radical liberals" and the "extremest, professional left."

Those that whine if they cant have freedom and liberty. Cheese-us!

[WowSeriously]

9. I stand corrected!

[cantbeserious]

4. Kick And Recommend

eom

[Wounded Bear]

5. Entirely logical...

Executive salaries and perks are tied to corporate profits. There are no incentives or pressures to advance wages of workers.

There really are two economies at play and it would seem that I am in the wrong one.

[rhett o rick]

7. I would love to see "productivity" overlaid on that graph. Thanks for posting. nm

[WowSeriously]

10. I think you find productivity tracking with the blue line,

Perhaps with a more rapid rise.

[rhett o rick]

11. I think I've seen it and I think it tracks profits but isnt as steep. But much higher

than wages.

[WowSeriously]

12. That actually seems more accurate.

[xchrom]

8. du rec.