3 ms·

Corporate profits are up a bit as a % of revenue. Similar labor's share of national income is down a bit. A lot of businesses could afford to pay a bit more. J

by harryh 9y ago

Corporate profits are up a bit as a % of revenue. Similar labor's share of national income is down a bit. A lot of businesses could afford to pay a bit more. Just a bit though. There hasn't been some sort of sea change like a lot of people seem to think.

pas 9y ago
That could easily happen due to consolidation and averaging over sectors. In some sectors with high barriers to entry giants earn a lot, in other sectors, it's trench warfare with competition and <1% profit margins.