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OK, fair enough. But, how are corporate earnings during this time? https://www.nytimes.com/2014/04/05/business/economy/corporate-profits-grow-ever-larger-as-sl
by tryingagainbro 9y ago
OK, fair enough. But, how are corporate earnings during this time?
https://www.nytimes.com/2014/04/05/business/economy/corporate-profits-grow-ever-larger-as-slice-of-economy-as-wages-slide.html https://www.nytimes.com/2014/04/05/business/economy/corporat... "CORPORATE profits are at their highest level in at least 85 years. Employee compensation is at the lowest level in 65 years."
Maybe via taxes USA should provide an incentive to invest or to pay employees more. There is $250b in Apple's bank accounts, $100B in Google's coffers, $100+ in MSFT's...maybe they should pay more in salaries, invest it or whatever.
- WalterBright 9y ago> Employee compensation The article didn't say total compensation. Most articles only consider the paycheck as compensation, and do not include benefits.
- lotsofpulp 9y agoThe significant majority of jobs are not those with considerable non cash benefits, so I don’t think it’s worthy of much discussions. It’s well known there is an increasing income and wealth gap, and it’s the increasing portion of those with non benefit jobs that is problematic.
- WalterBright 9y agoA properly done article would account for this. It's like doing a medical study and failing to account for the sex/age/etc characteristics of the people being studied. I.e. it's sloppy and can't be taken seriously. Even worse, such omissions may be intentional on the part of the author, and then the article tips into being propaganda. I have seen articles (in the WSJ) that used total compensation. Meaning it is possible to do.