Relevant:
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2013-03-11 — huffingtonpost.com
After squeezing its workers for years and making piles of cash doing it, Corporate America is hoping to squeeze something else out of its employees: Money. Investors are hoping that last week's unemployment report -- which showed both a boost in jobs and wages -- is an indication that Americans will have more money to spend and therefore boost corporate profits, The New York Times reports. Of course, corporate profits have been getting a boost to record highs for the past few years, as the NYT notes, thanks partly to the Federal Reserve's stimulus programs, which may only now be hitting ordinary Americans. The wages of those ordinary Americans, meanwhile, have been stagnant.
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