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1) Corporate profit margins just hit another all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from "too much regulation" and "too many taxes." Maybe little companies are, but big ones certainly aren't. What they're suffering from is a myopic obsession with short-term profits at the expense of long-term value creation).
2) Wages as a percent of the economy just hit another all-time low. Why are corporate profits so high? One reason is that companies are paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those "wages" are represent spending power for consumers. And consumer spending is "revenue" for other companies. So the profit obsession is actually starving the rest of the economy of revenue growth.
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Read more: Profits At High, Wages At Low - Business Insider
Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?
So you're saying that the policies of the last 4+ years have failed to generate the type of economic equality advertised during the campaigns?[/FONT][/COLOR]
Read more: Profits At High, Wages At Low - Business Insider
Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?
So you're saying that the policies of the last 4+ years have failed to generate the type of economic equality advertised during the campaigns?
So you're saying that the policies of the last 4+ years have failed to generate the type of economic equality advertised during the campaigns?
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Read more: Profits At High, Wages At Low - Business Insider
Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?
Could you compare the last thirty years with some other thirty year period of time under different "policies" that was more successful so I could have some idea of what we're missing out on?4 years? Try thirty.
I don't know the answer, but since the size of the labor force is the lowest since back in the late 1970's, wouldn't it be obvious that the amount of money going to wages in the economy would naturally be much lower unless everyone received massive raises?
Um, no. Look at the charts. Wages declined even as workforce increased.
The workforce is increasing? Someone should tell the Department of Labor they got it wrong.
You know the chart goes back further than 2008, right?
If the government would stop dipping into the working man's pocket, wages wouldn't be so low.
It would have to go back prior to 1979 to find a time when the workforce was smaller than it is today. So what's your point?
Chop off the end of the chart at the year 2000 and tell me what you see.
OK - what I see is a chart for percent of wages in the economy in a falling trend, with a bump up in the run up to 2007 which EXACTLY MIRRORS the falling trend in workforce participation which also had a slight bump up in the run up to 2007. This tells me that the level of workforce participation is directly related to the percentage of the economy wages play.
Feel free to plot tax rates against those charts, I think you'd be surprised.
What you see is a thirty year period where workforce trends upwards while wages trend downwards. If not for the intermittent recessions that crash wages along with workforce, you'd actually conclude that wages and workforce participation were inversely related.
Well saying our economic policy at large has not changed since the 1980's and we still hold down to the principle at large of trickle down economics.
You were happy with it during the Clinton years, weren't you?
You were happy with it during the Clinton years, weren't you?
No i was 2-9 years old but after looking back it i would of not been happy either.
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