On The (Profit) Margin

(1) Fairness and prosperity. (2) North Korea and Cuba are fair and impoverished. (3) Bill de Blasio’s tale of two cities. (4) The “5%” includes public employees. (5) The distribution of income between labor and capital. (6) Labor is losing, while capital is gaining. (7) Why are NIPA profits soaring, while S&P 500 net income is flat-lining? (8) NIPA profit margin at record high, while S&P 500 measure is at cyclical high. (9) Government is the great equalizer. (10) Your taxes at work supporting those who don’t.