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Reply #41: Sure. [View All]

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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-29-07 02:59 PM
Response to Reply #38
41. Sure.
First of all, the underlying data are kept and reported byt the Bureau of Economic Analysis, an agency of the Department of Commerce, and are available as a part of the NIPA (National Income and Product Accounts). This is pretty fundamental to virtually all econometrics.

The graph itself is my creation, based on this data. It merely shows the ratio of ALL corporate profits (all corporations in the U.S. aggregated) to ALL employee compensation (including salaries, wages, bonuses, benefits, etc.). The "black line" tracks the annual ratios. The "red line" is a calculated Trend Line.

Yes ... ALL employees, including the abominable CEO compensation. That, in fact, should inform the reasonable person that the ratio is an understatement of the exploitation of labor by corporations - where "owners" take an ever greater share of the weealth created by labor. It's now worse than it's been since shortly before the Great Depression. (It seems to me that should be a clue.)

Find the data here ...

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