In Germany, unemployment was cut in half with the considerable expansion in armaments jobs, but overall poverty increased because of the drastic wage cuts. And from 1935 to 1943 industrial profits increased substantially while the net income of corporate leaders climbed 46 percent. During the radical 1930s, in the United States, Great Britain, and Scandanavia, upper-income groups experienced a modest decline in their share of the national income; but in Germany the top 5 percent enjoyed a 15 percent gain.5
