The new numbers are out. The typical American worker received a $200 raise last year, an increase of 1/2 of one percent. The Typical CEO of a Fortune 500 company enjoyed a raise of $2,000,000, an increase of 23 percent. It looks as if good times are here again.
Maybe the Republicans are right; if you sprinkle enough money and tax breaks on the wealthy and on corporate America, the economy will improve. Corporate profits are up, dividends are up and those corporate jets are getting a real work out. Since 2008 the market has come up over 52 percent, and it is expected to increase another 11 percent by the end of 2011.