In fact, as the latest note from David Rosenberg points out, the "labor share of national income has fallen to its lower level in modern history – down to 57.5% in the first quarter from 57.6% in the fourth quarter of last year, 57.8% a year ago, and 59.8% when the recovery began." And here is where the Marxist-Leninist party of the US should pay particular attention: "some recovery it has been – a recovery in which labor's share of the spoils has declined to unprecedented levels." via www.zerohedge.com Worrisome.
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