“What we’ve had is a tale of two recoveries,” said John Ryding, chief economist at RDQ Economics. “Between large businesses and small businesses, it is literally the best of times and the worst of times.”
Why is this?
Jared Bernstein, a senior fellow at the liberal Center on Budget and Policy Priorities and a former economic adviser to Vice President Joseph R. Biden Jr., said, “Larger businesses have consistently had more going for them in this recovery.”
He added: “They have better access to credit markets. They have greater ease in exporting abroad…
Sure, that doesn’t hurt. Nor does it sting to make $14 billion dollar profit and pay no taxes. Getting exempted from strangling ObamaCare regulations? That sort of thing?
The rest of us must make do with crumbs from the Ruling Class’s table.