Financial Sector Costs Us More than Any Other Sector In Economy

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The financial sector receives more of the average paycheck than any other sector of the economy.  Its share of the economy totals $2 trillion dollars. In 1985, the financial sector earned less than 16% of domestic corporate profits.  Today, it’s over 40%. In the 1960s, finance and insurance accounted for only 4% of GDP, whereas in 2007 finance and insurance accounted for […] The post Financial Sector Costs Us More than Any Other Sector In Economy appeared first on Think by Numbers.