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2016 Postmortem
Related: About this forum"Charts: Corporate Profits Have Skyrocketed in the Last Three Years" at ThinkProgress
Charts: Corporate Profits Have Skyrocketed in the Last Three Yearsat ThinkProgress
http://thinkprogress.org/economy/2012/06/01/493870/corporate-profits-skyrocket/
"SNIP...........................................................
After dipping during the Great Recession, corporate profits have now skyrocketed past their pre-recession levels, Business Insiders Joe Weisenthal notes. After-tax profits and corporate profits as a share of gross domestic product (GDP) are now higher than they were in the middle of the last decade, after a similar vertical spike. Despite massive profit gains, however, corporations are adding more jobs overseas than they are in the United States and paying one of the lowest effective tax rates in the developed world.
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"Charts: Corporate Profits Have Skyrocketed in the Last Three Years" at ThinkProgress (Original Post)
applegrove
Jun 2012
OP
What we need is another wage-lowering, anti-union, "free-trade" agreement.
AnotherMcIntosh
Jun 2012
#2
Ilsa
(61,721 posts)1. So, improving the bottom line
With lower taxes doesn't really promote jobs growth, but you'll never get a republican to admit that. It's consumer demand that promotes job growth. Corporations tend to look for the cheapest labor.
AnotherMcIntosh
(11,064 posts)2. What we need is another wage-lowering, anti-union, "free-trade" agreement.
Hawkowl
(5,213 posts)4. Obama is all over it!
Don't worry!
woo me with science
(32,139 posts)3. Of course they have. This is a *special* economic downturn
that has inexplicably targeted the poor and the middle class.
Don't let them spin "the economy" as something akin to the weather. What is happening to the poor and middle class in this country reflects deliberate political choices. Don't let the one percent lie to you about the inevitability of your suffering.