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News and think, ohno, no more twinkies, but kroegman see es the end of a broader economic era. an era called the twinkie rare. a time when corporations did well and so did the people who worked for them. that was when family income doubled, which gave mom and dad more money to buy twinkies and televisions and cars. taxes were higher in that period both on the rich and corporations. and labor unions were much, much stronger. and yet in the twinkie era, corporations still managed to be profitable. the u.s. economy expanded more than at any other time in history. but something happened because corporations are still doing really, really, really well. but the people that work for them, not so much. corporate profits measured as a percentage have hit record highs. but compensation has hit record ....
Failed and it s filing for bankruptcy. you and i might look at that news and think, ohno, no more twinkies, but kroegman see es the end of a broader economic era. an era called the twinkie rare. a time when corporations did well and so did the people who worked for them. that was when family income doubled, which gave mom and dad more money to buy twinkies and televisions and cars. taxes were higher in that period both on the rich and corporations. and labor unions were much, much stronger. and yet in the twinkie era, corporations still managed to be profitable. ....
And i am there. that s a brief cliff from the agony and ecstasy of steve jobs. manufacturing has emerged central to the presidency, message. when you look at the new york times stories about the story of apple as a kind of symbol of the larger trends in the economy which was they had a good factory or used to produce products in california in the 1990s, decided it was too expensive and moved it to china and everything basically apple makes is now there. when you have to talk to your constituents about the economic future of the country, what s the story you tell them about how we move forward given the how our products are produced now and given the way this global economy works and relationship we have with china so dependent on their cheap labor? it has been a story of america and the president should make it in america which steny hoyer s main issue. we have to increase manufacturing and kroegman did a ....