The Sickening Plunge in Corporate Profits

Here is the evolution of labor compensation and corporate after-tax profits over the past 9 quarters: Total labor compensation: $8315.3b. —-> $9049.5b. Up 8.8% After-tax corporate profits: $1184.6b. —-> $1099.5b. Down 7.2% So why have workers been doing so much better than corporations in recent years? And why did corporate after-tax profits plunge from $1.3 […] View the full post at: The Sickening Plunge in Corporate Profits Related posts: AIG Reports Better-Than-Expected Quarterly Profits And the Answer Is…Productivity Furloughs Forever