U.S. corporate profits increased 21.3% wage and salary fallen to 56.9%

[G2099]

Strong productivity gains and subdued wage growth boosted before-tax profits to 11.6% of national income in the fourth quarter of 2005, the biggest share since the summer of 1966.

Meanwhile, the share of national income going to wage and salary workers has fallen to 56.9%. Except for a brief period in 1997, that's the lowest share for labor income since 1966.

http://www.marketwatch.com/News/Story/Story.aspx?guid={C4257910-8351-437A-8C00-E4CF3B782091}&siteid=mktw&dist=

[Gabi Hayes]

1. jesus....hope they're HAPPY

[Gabi Hayes]

2. it can't happen here

[Gabi Hayes]

3. FUCKERS!!!!!!

that poor man was only FORTY FOUR!

he looks twenty years older

[Gabi Hayes]

4. remember the Bonus Army? It can't happen here. remember that

[Gabi Hayes]

9. THIS is how rePUBlicans thank their soldiers

[Cobalt Violet]

10. K & R. WTF

:wtf:

[Gabi Hayes]

11. this was a VERY common scene during the depression

my grandfather went from building 'expensive' houses in the 20s to shoveling slag in a steel mill til it was over, and he was HAPPY to get that job

[adigal]

24. And they wonder why the consumers have no confidence

in this economy - they really don't get it!!

[Cobalt Violet]

5. Is it SLAVERY yet?

Or do we wait for them to make it worse?

[Gabi Hayes]

7. they're TRYING to do that in congress..... did you hear about it?

prisoners picking lettuce in California

[Cobalt Violet]

12. Yes, I heard.

And that is lettuce I will not buy.

[oscar111]

6. 225 starved to death, NYC in thirties

see Demopedia page Great Depression, for sources

[oscar111]

14. 36 million on the edge of hunger USDA.. 12 million hungry.. Bush cut food

food stamps again, current budget , to add another million to the hungry.. cut housing aid to throw another million out onto the street, said the SF Chronicle a few months back

not very Christian of him. Mention food and housing cuts next time anyone calls bush a christian. total hungry will up to fourteen million as a result.

[dogday]

8. Just goes to show

The rich are getting richer and the poor are getting poorer....

[Gabi Hayes]

13. is that waterboarding?

I stuck my cat under the shower once, briefly, when he'd knock over the garbage. I tried squirting him, but he got used to it and would STAND with his paws on the can while I drenched him, staring at me and refusing to budge. a friend told me he had the same trouble, til he put his under the shower for a second. that cured him.

[Cobalt Violet]

15. OT

Cute kitten.

[johnnypneumatic]

16. its time for a NEW DEAL

most of those corporations pay NO taxes either

[pansypoo53219]

17. hey, the sheeple have

credit cards so they can get a plasma teevee so why be mad?

they didn't have teevee way back when pacifying them that all was fine and dandy.

[Cobalt Violet]

18. Kick.

*wonders why she should have to kick a post like this on a progressive board*

[alfredo]

19. I noticed that corporations are not plowing their profits back

into the business. That is bad news.


I remember the US steel industry stopped putting money into innovation and updating. Worked out well for them, didn't it?

[upi402]

20. corporatism is for DINO's and Rethuglicans

:banghead:

[rman]

21. And they call it "trickle down"

How much more obvious do the lies have to get before enough people catch on?

[theHandpuppet]

22. Meanwhile, in Pennsylvania...

Lynn Swann has stated he is against raising the minimum wage so that PA workers can stay competitive with the global market.

Do you think voters will remember that come November, or will they just want to elect a football star?

[stevedeshazer]

28. That guy's a real genius, no?

I tried to learn what he stands for, and got this, his 'vision':

"Being able to govern effectively requires that you know exactly what you believe in and where you want to take the Commonwealth of Pennsylvania. On the following pages, you will be able to read what Lynn believes are our state’s greatest challenges, and what he believes we need to do to confront these challenges.

Our party needs a principled conservative with a vision to get government under control, lower the tax burden on our working families and job creators, and make sure that our children have the opportunity for a quality education that will give them the skills they need to succeed.

In short, we need a Governor who offers fresh and energetic leadership and a vision that offers opportunities for Pennsylvanians."

In other words, nothing. An empty suit trying to regain the spotlight he has so grown to love.

http://www.swannforgovernor.com/Vision/

This guy stands for NOTHING.

[theHandpuppet]

33. Not exactly nothing... what he truly believes is DANGEROUS

Don't be fooled by this grinning snake in the grass!

He's against raising the minimum wage
He's totally anti-choice
He believes in tax breaks for the wealthiest Americans ( SwannSpeak = "job creators" )
Homophobe who opposes any/all gay rights
Supports school vouchers over improved public education ( SwannSpeak = "opportunity for a quality education" )
And I can only assume that in SwannSpeak, getting the "government under control" means cuts in social services to those needing them the most.

[stevedeshazer]

34. I'm fooled? Do tell.

:shrug:

[Telly Savalas]

35. The answer to that question is entirely in the hands of his Democratic

opponent.

Do we have someone there who will remind the voters, or is the candidate from the doormat wing of the party?

[nonconformist]

23. No, there's no labor problem in this country

There's no "war on the middle class".

:sarcasm:

Thanks for posting this.

[Disturbed]

25. The Neo Fascists are proudly announcing that..

the Economy is Great. Yeah, most of those Neo Fascists are rich and got a large tax cut.

[progressoid]

26. Another day in paradise

[gizmo1979]

27. Should be on the front page

of every Newspaper in the U.S in bold type!Who reports this no one.It gets filed away in the business section and it is forgotten.Oneday people will wake up and see we've been sold lock stock and barrel and they won't be happy.Who is going to save your corporate ass then.

[LSK]

29. THIS IS THE ISSUE FOLKS, NOT IMMIGRATION

[Maestro]

36. Exactly!

If we forced some of these corps to actually invest in their workers with decent cost of living increases; comprehensive benefit packages, we wouldn't worry about immigration. The immigration issue is not going to fix our neglected labor force. Those that they think it will, are deluded.

[devilgrrl]

30. BFD. Didn't you know that Cynthia McKinney hit a cop?

Stick with issues that matter please. :sarcasm:

[tabasco]

31. The people who suffer the most put these assholes in power.

Millions of working people vote against their interests and put republicans in power, believing the lies of huckster politicians and fraud preachers. The super-rich spend billions on propaganda because it works.

The result is always economic calamity. The Democrats always have to clean up the mess and try to level the playing field.

It happens every generation. Now with the mass media firmly in right-wing propaganda mode, it will take a greater calamity to wake the people up from their delusions.

It's going to get worse before it gets better. Prepare for bad times is my advice.

[earth mom]

32. Greedy Bastards!

:mad:

[LSK]

37. kick

[SPKrazy]

38. This Is The BFEE Plan, Don't Ya Know?

globalization, multi-national companies know no allegiances to any borders.

Stockholders are worldwide as well, and companies stockholders generally hold no allegiances to any country either.

Therefore, the bottom line is the ruling principle.

Citizens be damned.

I had a conversation with a man who has a job selling corporations on the idea of moving their manufacturing base to Vietnam.
He said that the selling point was that "American laborers were lazy and Vietnamese workers were hungry and would work hard for a lot less"

This is what has happened since the Reagan years.

Has anything really ever "trickled down"? I've just felt like I was getting peed on instead of any wealth trickling down.

[LSK]

39. kick again

Everyone should be discussing THIS, not blaming Illegals.