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In reply to the discussion: Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low [View all]Initech
(100,075 posts)40. I think we need to get a serious dialogue going about rethinking what profit means in our society.
All companies do now is stack billions, pay zero taxes and get away with flat out thievery - until they start putting that money back into hiring workers - and - gasp - paying them fairly - we're never gonna dig our way out of this shit hole. Fuck Reagan and reagonomics.
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Corporate Profits Just Hit An All-Time High, Wages Just Hit An All-Time Low [View all]
kpete
Jun 2012
OP
To sum it up: More prosperity than ever before, yet more poverty and suffering?
newthinking
Jun 2012
#46
I think just worse, what is needed is for the $20 cocktail drinkers to fall too like in 1929. n/t
RKP5637
Jun 2012
#13
or it could mean that wealth is being extracted from the us & invested overseas, creating demand
HiPointDem
Jun 2012
#22
That is simple economics. We can only keep our quality of life through policies protecting us
newthinking
Jun 2012
#45
Wow, if only we could teach Americans the inevitable connection between the two.
freshwest
Jun 2012
#11
"The comfort of the rich depends upon an abundant supply of the poor." Voltaire
Tierra_y_Libertad
Jun 2012
#39