Typical NYT anti-business hit piece from last January. The update is that current numbers over last quarter show corp profits down 2%, corp. taxes up 7%, and employee comp. no change. IMHO the NYT is good for finding out what the latest Marxist party line is, but these days anyone interested in corporate finance can check the BEA directly and find out that for years going into the recession profits fell while pay increased. I'm trying to remember the 2008 NYT headline "Profits are tanking, Why Aren't Jobs?" There wasn't one, and the bottom line here is that mean old corporations pay six bucks in employee comp. for ever dollar proft, and when profits tank pay doesn't.