As this article by Jared Bernstein explains, corporate profits as a percentage of gross domestic product has passed where it was prior to the economic recession, but compensation as a percentage of gross domestic product is far lower that pre-recession levels. See the graph below.
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by Paul Alan Levy Many groups at Public Citizen issue hard-hitting reports, but we are scrupulous about reviewing reports about particular companies and individuals to ensure their accuracy, not to speak of avoiding the prospect of libel litigation. This was certainly true with respect to letters to the FDA back in July, asking why it […]
Today, the Supreme Court granted a petition that asks whether the named plaintiff in a class action filed in state court can prevent removal of the case to federal court under the Class Action Fairness Act of 2005 (CAFA) by filing with the complaint a “stipulation” that states that the class will not damages of […]