The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

A Republican World – The ‘Where Are The Jobs As Corporations Are Making Record Profits’ Edition – ‘Corporate Profits Hit A New Record High Last Year’

corporations2

 

corporations

Indeed….Where are the jobs?

Just when does that ‘trickle drown’ take affect?

corporations1

‘After-tax profits for American corporations hit another record high last year, rising to $1.68 trillion’.

‘As this chart from Quartz shows, profits have been on a roll for some time, more than fully recovering what was lost during the recession’.

‘The profits have helped boost CEO pay: Among 50 public companies, they saw a 4.1 percent increase in pay at the median last year, netting $9.8 million at that mark’.

‘That’s after average CEO pay hit a record high in 2012.
But this wealth hasn’t trickled much further down’.

‘Despite the fact that workers have been increasing their productivity — helping to drive those corporate profits — they haven’t seen much of a reward’.

‘Wages are growing at the slowest rate since the 1960s, only just barely outpacing inflation’.

‘They have actually declined since 2007, and the trend extends back even further: American workers have experienced a “lost decade” of wage growth, as their pay stayed flat or declined between 2000 and 2012, despite a 25 percent bump in productivity’.

  • ‘On the whole, corporate profits have grown 20 times faster than workers’ incomes since 2008’.

From : http://thinkprogress.org/economy/2014/03/27/3420092/corporate-profits-record-2013/

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: