--- title: "Meaning & Key Takeaway of: The economic expansion that began in…" description: "\"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..." image: "https://sms4smile.com/quotes/i/618/paul-krugman-2255_corporate_the-economic-expansion-that-began-in-200_1812440.jpg" --- # The economic expansion that began in 2001, while it has… ![“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.” quote by Paul Krugman](https://sms4smile.com/quotes/i/618/paul-krugman-2255_corporate_the-economic-expansion-that-began-in-200_1812440.jpg) [Download](https://sms4smile.com/quotes/i/618/paul-krugman-2255_corporate_the-economic-expansion-that-began-in-200_1812440.jpg) [Open image](https://sms4smile.com/quotes/i/618/paul-krugman-2255_corporate_the-economic-expansion-that-began-in-200_1812440.jpg) > “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.” [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Corporate](https://sms4smile.com/quotes/about/corporate/) [Environment](https://sms4smile.com/quotes/about/environment/) [Profit](https://sms4smile.com/quotes/about/profit/) ## Related quotes > [But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. 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If a famous professor repeatedly says stupid things,…](https://sms4smile.com/quotes/paul-krugman/academic-credentials-are-neither-a-necessary-nor-a-sufficient/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. 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