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Thread: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

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    Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    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.



    Read more: Profits At High, Wages At Low - Business Insider

    Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?


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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Awesome. Maybe my insurance companies that invest in all these businesses won't need to raise my rates as high next year as they did this year.

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by TheDemSocialist View Post
    [/FONT][/COLOR]
    Read more: Profits At High, Wages At Low - Business Insider

    Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?
    trickle down can work, though only inefficiently, in a contained labor economy. in a global economy approaching post-labor, though? not so much.

    however, it's necessary to point out that the robot is even more to blame than the greedy CEO. we will need to take another look at our resource distribution model in the coming years. there simply isn't enough work to be done for profit to keep everyone employed, though I would argue that there are still plenty of things that need to be done. if conservatives want people to work for money, they are going to have to warm to the idea of the public sector as an employer.

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Sure, robots are somewhat to blame...but so are company policy makers. For years this has been going on. Every place I've worked at tells the same story. How, years back, the job one person is frantically trying to do now, used to be much more easily done by three. Even where I currently work, I can look back on payrolls of years past, and see it plain as day. We're operating on about 700 hours less per month than they did in 2000, despite the fact that we have beaten previous years sales by no less than 5% for every single year since 2000.
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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by TheDemSocialist View Post
    [/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?
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by Jack Fabulous View Post
    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?
    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.


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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by Jack Fabulous View Post
    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?
    4 years? Try thirty.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by TheDemSocialist View Post
    [/FONT][/COLOR]
    Read more: Profits At High, Wages At Low - Business Insider

    Cmon trickle! Trikcle down damnit! Were waiting! Oh wait that was bull****?
    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?

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by Deuce View Post
    4 years? Try thirty.
    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?
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.

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    Re: Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

    Quote Originally Posted by CanadaJohn View Post
    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.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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