Quote:
Originally posted by wonderwench
Corporate profits mean a great deal to people who work for those corporations; corporate losses mean a great deal to those who are laid off when the corporation can no longer afford to employ them.
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While this statement does have a common sense ring to it, in reality corporate profits do not always translate to higher pay or job security for our nation's workers. Witness the offshoring of jobs to India, Mexico, etc. by successful companies, as well as the dramatic growth in CEO pay that hasn't been matched by increases in worker pay.