General Discussion

Kablooie

(18,634 posts)

5. Which means corporations will do even more of what they've been doing.

Fri Jun 22, 2012, 10:26 PM

Jun 2012

and wages will continue to sink and jobs will continue to disappear.

Until the corporate profits start to decline we can't expect anything to change - at all!

Normally taxes correct this kind of thing by eliminating profit from actions that hurt the country but just the opposite is true now.

The only citizens that count today are corporate citizens. Human citizens are not important any more.

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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

Somethings VERY WRONG. elleng Jun 2012 #1

All Proceeds Along According to Plan liberalmike27 Jun 2012 #42

To sum it up: More prosperity than ever before, yet more poverty and suffering? newthinking Jun 2012 #46

That can be/is because elleng Jun 2012 #47

Isn't that proof positive that trickle down does not work SoutherDem Jun 2012 #2

or is it proof that Trickle Down does work? CleanLucre Jun 2012 #8

Excellent point. Quantess Jun 2012 #26

Sad but true CleanLucre Jun 2012 #28

Trickle down has always been, actually, Flood up. ananda Jun 2012 #30

or maybe suck up CleanLucre Jun 2012 #37

Yep. It works. liberalmike27 Jun 2012 #43

oh boy. an *all" time record, yet again?... depressing. inna Jun 2012 #3

Just briefly looking at these curves tells me there is too much supply RKP5637 Jun 2012 #4

What would make where we are CleanLucre Jun 2012 #9

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

Isn't the current illusion CleanLucre Jun 2012 #19

Yep! Wealth is vaporware. n/t RKP5637 Jun 2012 #24

or it could mean that wealth is being extracted from the us & invested overseas, creating demand HiPointDem Jun 2012 #22

Yes, exactly, and that benefits the majority of us little ... RKP5637 Jun 2012 #23

That is simple economics. We can only keep our quality of life through policies protecting us newthinking Jun 2012 #45

Which means corporations will do even more of what they've been doing. Kablooie Jun 2012 #5

Yep, and not only do we not tax them, we give money to the RKP5637 Jun 2012 #14

thanks for posting...very important...K and R nt. Stuart G Jun 2012 #6

i thought so too kpete Jun 2012 #36

The OP should get massive recs. Huey P. Long Jun 2012 #7

now we are ON the BBQ upi402 Jun 2012 #18

k&r for the truth, however depressing it may be. n/t Laelth Jun 2012 #10

Wow, if only we could teach Americans the inevitable connection between the two. freshwest Jun 2012 #11

I think dems get it abelenkpe Jun 2012 #12

Yep. Scarey living with them. freshwest Jun 2012 #16

Ignorance is the republicans best friend. And they work very hard at RKP5637 Jun 2012 #25

You see, Republicans! he's not Anti-Business! Bonobo Jun 2012 #15

there you go with those liberal fact thingies upi402 Jun 2012 #17

kick Angry Dragon Jun 2012 #20

Woohoo! Good thing we kept them from failing! progressoid Jun 2012 #21

All-time lowest profits under Reagan malthaussen Jun 2012 #27

Income extraction works jp11 Jun 2012 #29

Corporations have a fiduciary responsibility to maximize profit Jake2413 Jun 2012 #31

push 'em down. push 'em down. Way Down! Tuesday Afternoon Jun 2012 #32

Everybody Calm DOWN! bvar22 Jun 2012 #33

I just can't wait rudycantfail Jun 2012 #34

thanks for that Scout Jun 2012 #35

In addition to that Broderick Jun 2012 #38

"The comfort of the rich depends upon an abundant supply of the poor." Voltaire Tierra_y_Libertad Jun 2012 #39

I think we need to get a serious dialogue going about rethinking what profit means in our society. Initech Jun 2012 #40

Yay! Corporations are winning! Go, corporations, go! Down with people. tclambert Jun 2012 #41

This says all there is to make an idiot understand Curmudgeoness Jun 2012 #44

President correct rtracey Jun 2012 #48

Our founders intended on corporations paying Tariffs Ghost of Huey Long Jun 2012 #49