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Corporations are sitting on $800 billion in cash and making massive profits

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Since 2009, 88 percent of income growth went to corporate profits. Just 1% went to wages. Think Progress reports that After the longest recession since WWII, many Americans are still struggling while S&P 500 corporations are sitting on$800 billion in cash and making massive profits. Now, economists from Northeastern University have released a study that finds our sluggish economic recovery has almost solely benefited corporations. According to the study: “Between the second

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