Sunday, September 30, 2012

What's up with jobs and corporate profits?

United States Corporate Profit Margins Are Higher Than Ever in History!
Corporate profit margins just hit an all-time high. Companies are making more per dollar of sales than they ever have before.
Corporate profits as Percent of GDP
 
Wages as a percent of the economy are at an all-time low. This is both cause and effect. One reason companies are so profitable is that they're 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 other companies' revenue.

In short, our current system, and philosophy, is creating a country of a few winners and 300 million workers who are not sharing in this amazing time in history. The system is working very well for the very few.
                                                                                                           
See why middle class taxpayers are having to cover with tax rates from 35-35% for tax rates on the very,very wealthy who pay from 0% to 14%!thttp://www.facebook.com/#!/photo.php?fbid=241307762617157&set=a.241307759283824.57184.241304559284144&type=1&theater

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