That 15% Increase in Wall Street Bonuses Last Year Must Mean the Economy Is All Better, Right?

March 12, 2014

If we're to believe conservatives, the free market rewards those who work hard and do the right thing and punishes those who don't. The market wouldn't, for instance, give record bonuses to Wall Street executives during a time when the economy is struggling, when jobs are scarce and when many Americans are suffering, right? So the news that Wall Street executives saw their bonuses increase by 15% in 2013 must mean that the economy is doing great. Otherwise, why would the free market reward those executives?

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