Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low

A couple of weeks ago Business Insider reported Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low and "3) Wages as a percent of the economy are at an all-time low. This is both cause and effect. One reason companies are so profitable is that they're paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those 'wages' are other companies' revenue."