It seems that President Obama is correct, the private sector is doing fine. Most corporations have posted their largest profits in years, corporate leaders are making huge salaries and receive astronomical bonuses and golden parachute retirement packages. It’s only the workers whose salaries are stagnant or are being laid off so that the corporations can post even greater profits who have a problem.
Yes, for the most part the private sector is doing just fine. Look at the obscene amounts of money they spend on supporting candidates who will further their causes. Woe to the workers.
Charlotte Wolfe-Lederman, Parkland