Corporate Quote by Paul Krugman
“The economic expansion that began in 2001, while it has been great for corporate profits, has yet to produce any significant gains for ordinary working Americans. And now it looks as if it never will.”
About This Quote
Source Column: New York Times, “Economic Expansion and the Working Class”, 2015
Despite overall economic growth since 2001, ordinary workers have not seen meaningful benefit, suggesting unequal distribution of prosperity.
In simple terms: Growth hasn't helped regular workers much.
Key Takeaway
Advocate policies that share growth benefits broadly.
Themes
economics
inequality
growth
labor market
Mood
analytical
concerned
Type
economic
political
When to use this quote
- policy debates
- union negotiations
- community organizing
- financial planning
Key Concepts
macroeconomics
distributional analysis
public policy
Questions to Reflect On
- How can policy better translate growth into wages?
- What barriers prevent equitable wealth distribution?
A Different Perspective
Structural forces may limit short‑term gains.
