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Record Profits Expose Who America’s Economy Really Serves US corporate profits reached an annualized $4.8T in the second quarter, equal to 18% of national income—the highest share since the years immediately after World War II. Real GDP grew at only a 1.5% annual rate. Corporate America is pulling record profits out of a sluggish economy by claiming more of the income it produces. Workers received the other side of that record.

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