Profits vs. Jobs

We have already seen that corporate profits were increasing, perhaps boosted by the tax cuts. This has sustained the claims that the economy is growing stronger. But for the average American, those who cash a paycheck, this claim is simply out of touch with reality. Employment went up under Clinton-Gore, but, as predicted, when Gore won the election, millions of jobs were lost. 1.8 million of them from 2001-2003!