The code word for this in the MSM is ‘productivity gain.’
Posted on October 11, 2011 at 14:12 PM EDT
Brooks Brothers Bolshevism Michael Cembalest, the chief investment officer of JPMorgan Chase, wrote in July of this year (in a clients-only newsletter obtained by Washington Post columnist Harold Meyerson) that “profit margins have reached levels not seen in decades,” and … Continue reading →