The nation’s workers may be struggling, but American companies just had their best quarter ever.
The New York Times
Economix Blog: Visualizing Booming Profits (November 23, 2010)
American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago, at least in nominal or noninflation-adjusted terms.