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As Corporate Profits Soar, Workers are Making Less!

tlmorg02

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Workers’ share of national income plummets to record low - Yahoo! News

Why are workers taking home such a reduced share of the pie? Opinions differ, but many experts think that the trend has to do with a number of factors, including a decline in the bargaining power of labor, and increased competition from foreign workers. Similarly, over the last year or so, U.S. companies have made record profits, while unemployment has stayed high and wages have barely risen.

The chart in the article is startling.
 
You're supposed to ignore inconvenient facts like that.

After all, companies just can't remain competitive if they are forced to pay their workers decent wages and benefits.

fact2.jpg
 
Corporate profits are soaring, now? really?
 
Corporate profits are soaring, now? really?

Profits Are Booming. Why Aren’t Jobs?

http://www.nytimes.com/2011/01/09/weekinreview/09powell.html

Corporate Profits At All-Time High As Recovery Stumbles

Corporate Profits At All-Time High As Recovery Stumbles

Why corporate profits are soaring as economic recovery drags

Profits, economy: Why corporate profits are soaring as economic recovery drags - Los Angeles Times

Just a little of what you'll find with a search.
 
The super rich of this country are not Americans. They belong to a very different international community and they have no loyalties to our country. I don't know how long it will take people to figure it out, but lower taxes does not equate to a freer market.
 
Corporate profits are soaring, now? really?
soaring is not a technical term. It's more fluff.

But they are up and healthy and have been for a while.
 
O'Bama bailouts, perhaps???

Wouldn't matter to the point, but I doubt it. The point is that while making profits, good profits, the wealth is not trickling down. Is that Obama's fault, since you brought it up?
 
Wouldn't matter to the point, but I doubt it. The point is that while making profits, good profits, the wealth is not trickling down. Is that Obama's fault, since you brought it up?

You're living in a fantasy land, dude.
 
Why do you hate companies making a profit?

We don't, we hate companies who make a profit and then refuse to share that profit with the workers who make sure the company keeps making profits!
 
Why do you hate companies making a profit?

OK, so you couldn't answer and tried a personal attack. That didn't work, so now you throw up a strawman? You're 0 for 2. Going for a strike out? :coffeepap
 
Why do you hate companies making a profit?

I hate companies that make a profit and then use that money to exert political pressure so that they don't have to pay a reasonable rate of taxes, thereby reducing the tax revenue and leading to drastic cuts in necessary programs and increased public debt.

I also hate people who pretend that isn't exactly what this is all about and that the wealthiest in this country aren't working to divide and destroy the middle class.
 
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I hate companies that make a profit and then use that money to exert political pressure so that they don't have to pay a reasonable rate of taxes, thereby reducing the tax revenue and leading to drastic cuts in necessary programs and increased public debt.

All the while saying that is they make more money it means more jobs, even as they are profitting without providing more jobs. Which makes their argument a bit of a lie.
 
if corporations can obtain sufficient supplies of the commodity known as labor without paying more for it WHY SHOULD THEY?

the competition overseas will not
 
I hate companies that make a profit and then use that money to exert political pressure so that they don't have to pay a reasonable rate of taxes, thereby reducing the tax revenue and leading to drastic cuts in necessary programs and increased public debt.

I also hate people who pretend that isn't exactly what this is all about and that the wealthiest in this country aren't working to divide and destroy the middle class.

Populist psychobabble, as a "libertarian" (LOL) why do you support the government taking more private property? but its the rich lefties who are trying to destroy the middle class by addicting them to handouts and sapping their ambition. its called creating more voters
 
All the while saying that is they make more money it means more jobs, even as they are profitting without providing more jobs. Which makes their argument a bit of a lie.

Oh, they will eventually provide more jobs. They will just be much lower paying jobs. Day by day people are going to wake up and realize they have allowed the wealthiest Americans reduce their wages so they can't even afford the products and services of the companies for which they work, let alone save for retirement or put money aside for health care.
 
Populist psychobabble, as a "libertarian" (LOL) why do you support the government taking more private property?

I'm sorry, where did I say that I support the government taking private property? I said I support the government having a reasonable tax rate. We currently have one of the lowest tax rates in history, it is a contributing factor to this recession and slow recovery, it needs to go up.

but its the rich lefties who are trying to destroy the middle class by addicting them to handouts and sapping their ambition. its called creating more voters

Oh, I totally agree. The left is just a guilty as the right in this game.
 
if corporations can obtain sufficient supplies of the commodity known as labor without paying more for it WHY SHOULD THEY?

the competition overseas will not

Is it a fair wage for a fair days work, or is it stick it to the working man as much as you can? These are not new issues. There is a natural conflict between managment and labor. Both have self interest. And both have to know when they go too far.

However, it is clear that the trickle down effect many espouse is less certain than some proclaim.
 
Niether party is actually for the working person. That's sadly true. And as we demonize workers repeatedly, it is less surprising than it should be.
 
if corporations can obtain sufficient supplies of the commodity known as labor without paying more for it WHY SHOULD THEY?

the competition overseas will not

Let's cut to the chase. You want people here to live like they do in China, to work for the same wages, and in the same conditions, so that the private industries can increase their profits.
 
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