Quote:
Originally Posted by Manx
The main issue is not how much money corporations make in comparison to the other areas that money goes - the issue is that corporations have been significantly increasing profits for 3+ years now, but there has been NO equivalent increase in payroll. It is the inevitable increase in wealth disparity due to deregulating business.
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O.K., I have spent about 30 minutes on this statement and can't find anything to back it up (or disprove it).
I think the statement itself is a little too braod for the argument. Which corporations? All of them? Foreign or domestic? Which industries?
I do know that companies spend more on payroll than they receive via profit, but I am not sure that has anything to do with your argument.
With all of the post-recession and post-9/11 economic problems we have had, I don't think this argument can be made. Especially when one factors in all of the variables.