Goldman Sachs: “You’re Rich Cuz He’s Poor”

In Children and Youth, Culture jamming, Culture of Corruption, Economic Justice, Election 2006, Election 2008, International politics, International Trade, Labor, Laws & Regulation, Misc., New York City, US Politics on August 31, 2006 at 11:20 pm

To those that say gettin rich doesn’t mean someone else is gettin poor, looks like Goldman Sachs suggests you shove that sentiment where the sun don’t shine.

“The most important contributor to higher profit margins over the past five years has been a decline in labor’s share of national income.”


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