If Money is Power, the official data shows that the Bush administration has transferred power from the people to corporations at an alarming rate.
The above chart shows the widening gap between corporate profits and salaries. If you want to see how dramatic this widening gap is, take a look at the following chart.
The curve represents the differential between Compensation of employees paid and Corporate Profits (before and after tax), which shows the transfer of wealth from employees to corporations. As you can see, the Bush administration shows a dramatic change in the transfer of wealth from workers to corporations.
Another notable trait of this chart is that after the tax cuts the gap between after taxes and pre-taxes transfer of wealth widens, which indicates that the tax cuts do not help corporations at all, actually it seems to hurt them. The reasons for this enormous transfer of wealth are increases in productivity (exploitation of labor, or in corporate terms "doing more with less"), the continuous threat on American workers of shipping their jobs overseas (which effectively prevents discussions over salaries increases), and the low savings rates of the American families, which forces them to work for any salary provided they can make enough to service their debt.
Happy Thanks Giving!
Franklin @ November 21, 2007