What happened to all of the doom and gloom economic threads?

[unregistered]

 

[IrezumiKiss]

Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

In case you need more confirmation that the US economy is out of balance, here are three charts for you.

1) Corporate profit margins just hit another all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from “too much regulation” and “too many taxes.” Maybe little companies are, but big ones certainly aren’t. What they’re suffering from is a myopic obsession with short-term profits at the expense of long-term value creation).

http://media.tumblr.com/a2139c25204a46adedb83f572619a3d6/tumblr_inline_ml3rrrZmIt1qz4rgp.png

2) Wages as a percent of the economy just hit another all-time low. Why are corporate profits so high? One reason is that companies are paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those “wages” are represent spending power for consumers. And consumer spending is “revenue” for other companies. So the profit obsession is actually starving the rest of the economy of revenue growth.

http://media.tumblr.com/d45b3d5e23a7134a70c1d06f07bf0e09/tumblr_inline_ml3rsivMOe1qz4rgp.png

3) Fewer Americans are working than at any time in the past three decades. The other reason corporations are so profitable is that they don’t employ as many Americans as they used to. As a result, the employment-to-population ratio has collapsed. We’re back at 1980s levels now.

http://media.tumblr.com/2fbb2af643b8a669a7a7198e7df2a785/tumblr_inline_ml3rt9me9I1qz4rgp.png

In short, our current obsessed-with-profits philosophy is creating a country of a few million overlords and 300+ million serfs.

http://abaldwin360.tumblr.com/post/47713688597/profits-just-hit-another-all-time-high-wages-just-hit

http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4

So, what about those trickle down economics folks?

This also brings me to something else - you ever notice how the right has done everything they can to paint the president as a socialist and/or left wing radical while business keeps thriving and making record profits?

Or how about the people who keep defending keeping taxes low on corporations, or who keep defending them in regards to the wages they pay their workers?

Profits are at a record high, taxes are pretty low, and meanwhile unemployment stays high and wages are now at a historic low. If all the bullshit the right has been spewing was true, then we’d be swimming in high paying jobs right now.

But we’re not.

 

[LadyVer]

Profits Just Hit Another All-Time High, Wages Just Hit Another All-Time Low

In case you need more confirmation that the US economy is out of balance, here are three charts for you.

1) Corporate profit margins just hit another all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from “too much regulation” and “too many taxes.” Maybe little companies are, but big ones certainly aren’t. What they’re suffering from is a myopic obsession with short-term profits at the expense of long-term value creation).

http://media.tumblr.com/a2139c25204a46adedb83f572619a3d6/tumblr_inline_ml3rrrZmIt1qz4rgp.png

2) Wages as a percent of the economy just hit another all-time low. Why are corporate profits so high? One reason is that companies are paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those “wages” are represent spending power for consumers. And consumer spending is “revenue” for other companies. So the profit obsession is actually starving the rest of the economy of revenue growth.

http://media.tumblr.com/d45b3d5e23a7134a70c1d06f07bf0e09/tumblr_inline_ml3rsivMOe1qz4rgp.png

3) Fewer Americans are working than at any time in the past three decades. The other reason corporations are so profitable is that they don’t employ as many Americans as they used to. As a result, the employment-to-population ratio has collapsed. We’re back at 1980s levels now.

http://media.tumblr.com/2fbb2af643b8a669a7a7198e7df2a785/tumblr_inline_ml3rt9me9I1qz4rgp.png

In short, our current obsessed-with-profits philosophy is creating a country of a few million overlords and 300+ million serfs.

http://abaldwin360.tumblr.com/post/47713688597/profits-just-hit-another-all-time-high-wages-just-hit

http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4

So, what about those trickle down economics folks?

This also brings me to something else - you ever notice how the right has done everything they can to paint the president as a socialist and/or left wing radical while business keeps thriving and making record profits?

Or how about the people who keep defending keeping taxes low on corporations, or who keep defending them in regards to the wages they pay their workers?

Profits are at a record high, taxes are pretty low, and meanwhile unemployment stays high and wages are now at a historic low. If all the bullshit the right has been spewing was true, then we’d be swimming in high paying jobs right now.

But we’re not.

Guilded Age, Part Deux...

 

[gotsnowgotslush]

What is a human being, to people who think of themselves, as Gods/gods ?

 

[Busybody]

[/SIZE][/B][/I]

NIGGER "sources", all are made up

 

[RobDownSouth]

Gold down 17% since late 2011

The Chief will be along shortly to blame this debacle on President Obama.

 

[mercury14]

Gold down 17% since late 2011

The Chief will be along shortly to blame this debacle on President Obama.

Which of Lit's gold bugs will be willing to admit they're losing their shirts betting against the economy right now?

 

[mercury14]

Guilded Age, Part Deux...

Profits at an all-time high, Wages at an all-time low.

Republicans say the way to address this is to cut taxes on corporations and wealthy business owners because clearly the wage and jobs problems are because profits are too low.

 

[LadyVer]

Profits at an all-time high, Wages at an all-time low.

Republicans say the way to address this is to cut taxes on corporations and wealthy business owners because clearly the wage and jobs problems are because profits are too low.

Because profits are too low? That's kind of weird. I haven't heard that one. I understand oil and gas companies want more tax cuts. They're drilling like there's no tomorrow because of shale and making enormous profits and they want more tax cuts. Some of these o&g companies get out of paying millions if not billions in taxes a year and it still isn't enough for them. What the hell is wrong with these people?

 

[mercury14]

Because profits are too low? That's kind of weird. I haven't heard that one. I understand oil and gas companies want more tax cuts. They're drilling like there's no tomorrow because of shale and making enormous profits and they want more tax cuts. Some of these o&g companies get out of paying millions if not billions in taxes a year and it still isn't enough for them. What the hell is wrong with these people?

There's nothing wrong with them, they exist to generate as much profit as possible. The problem is twofold IMO:

1) Republicans buy into fake economic theories. Supply-side economics is just colossally bogus crap that has never worked. Increased profits have nothing to do with increased jobs and increased job quality. In fact the main reason that profits are so high right now is because companies are enriching themselves by paying low wages and employing fewer people. So what we have are Republicans watching supply-side economics being disproved right before their very eyes, yet they're all swearing they don't see any of it. It's reality denial at its finest.

2) The Supreme Court ruled that corporations are people even more than actual Americans are people. They have 1st Amendment rights now, complete with freedom of speech that means unlimited campaign contributions. Corporations use their vast resources to influence tax policy in their favor and then when they get it, they're further enriched and have more resources to then influence even more policy. The problem is snowballing.


We really need a Constitutional amendment that separates freedom of speech from campaign contributions for both individuals and corporations- but at least for corporations.

 

[Busybody]

Ha!

A NIGGER and a NIGGERETTE talking economy!!!!!!!!!!!!


Now THAT is COMEDY!

 

[LadyVer]

There's nothing wrong with them, they exist to generate as much profit as possible. The problem is twofold IMO:

1) Republicans buy into fake economic theories. Supply-side economics is just colossally bogus crap that has never worked. Increased profits have nothing to do with increased jobs and increased job quality. In fact the main reason that profits are so high right now is because companies are enriching themselves by paying low wages and employing fewer people. So what we have are Republicans watching supply-side economics being disproved right before their very eyes, yet they're all swearing they don't see any of it. It's reality denial at its finest.

2) The Supreme Court ruled that corporations are people even more than actual Americans are people. They have 1st Amendment rights now, complete with freedom of speech that means unlimited campaign contributions. Corporations use their vast resources to influence tax policy in their favor and then when they get it, they're further enriched and have more resources to then influence even more policy. The problem is snowballing.


We really need a Constitutional amendment that separates freedom of speech from campaign contributions for both individuals and corporations- but at least for corporations.

Guilded Age Part Deux. This time there's no TR.

 

[Busybody]

CUNT Sieb....blames the REPOZ for NIGGERCARE fuckups

http://t1.gstatic.com/images?q=tbn:ANd9GcRp7V98jLbRLK9jST-ydRAHUoG9bPW8mztKwyNuIJ70EJrqCTM9

Someone bitch slap the CUNT in the other eye

 

[Busybody]

The NIGGER is surrounded by NIGGERS


THE COUNTRY’S IN THE VERY BEST OF HANDS: White House budget director doesn’t know how much Obama’s budget increases the deficit.



Jeff Zients, acting director of the Office of Management and Budget, couldn’t tell Congress Thursday how much President Obama’s budget proposal would increase the deficit because “there are a lot of numbers there.”

“Your budget increases the deficit by $8.2 trillion over ten years, yes or no?” Sen. Jeff Sessions, R-Ala., asked Zients during a hearing.

“I need to check the numbers,” Zients said. “There are a lot of numbers there. What I can tell you is we should focus on — this is exactly what Bowles-Simpson does and other groups. What is the deficit as a percent of our economy? We are less than 2 percent at the end of the window, at 1.7 percent.”

 

[Busybody]

http://legalinsurrection.com/wp-content/uploads/2013/04/Ford-Ward-590-LI.jpg

 

[Busybody]

Everything under Obama is UNEXPECTEDLY!

Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing.

U.S. Retail Sales Unexpectedly Fell in March 2:29 April 12 (Bloomberg) -- Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing. The 0.4 percent decrease, the biggest since June, followed a 1 percent gain in February, Commerce Department figures showed today in Washington. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)


The 0.4 percent decrease, the biggest since June, followed a 1 percent gain in February, Commerce Department figures showed today in Washington. The median forecast of 85 economists surveyed by Bloomberg called for an unchanged reading in March. Department stores and electronics dealers were among the weakest showings.

The figures may prompt economists, who are projecting consumer spending climbed in the first quarter at the fastest pace in two years, to reduce growth estimates. A pickup in hiring and bigger increases in wages will be needed to ensure any slowdown proves temporary as federal budget cuts and an increase in the payroll tax restrain the expansion.

“The payroll tax increase is hurting,” Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors Inc. in While Plains, New York, said in a note. “You should expect second- quarter consumption to rise at a much slower pace.” Shepherdon correctly projected the drop in sales.

Wholesale prices fell more than forecast in March as the cost of energy slumped by the most in three years, data from the Labor Department also showed today. The 0.6 percent drop in the producer price index was the biggest since May and followed a 0.7 percent gain in the prior month.

 

[mercury14]

Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing.

U.S. Retail Sales Unexpectedly Fell in March 2:29 April 12 (Bloomberg) -- Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing. The 0.4 percent decrease, the biggest since June, followed a 1 percent gain in February, Commerce Department figures showed today in Washington. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)


The 0.4 percent decrease, the biggest since June, followed a 1 percent gain in February, Commerce Department figures showed today in Washington. The median forecast of 85 economists surveyed by Bloomberg called for an unchanged reading in March. Department stores and electronics dealers were among the weakest showings.

The figures may prompt economists, who are projecting consumer spending climbed in the first quarter at the fastest pace in two years, to reduce growth estimates. A pickup in hiring and bigger increases in wages will be needed to ensure any slowdown proves temporary as federal budget cuts and an increase in the payroll tax restrain the expansion.

“The payroll tax increase is hurting,” Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors Inc. in While Plains, New York, said in a note. “You should expect second- quarter consumption to rise at a much slower pace.” Shepherdon correctly projected the drop in sales.

Wholesale prices fell more than forecast in March as the cost of energy slumped by the most in three years, data from the Labor Department also showed today. The 0.6 percent drop in the producer price index was the biggest since May and followed a 0.7 percent gain in the prior month.

The payroll tax holiday expired and the sequester cut spending that was fueling spending. It's exactly what we thought would happen.

And the cost of energy and wholesale prices fell? Good.

 

[Busybody]

The payroll tax holiday expired and the sequester cut spending that was fueling spending. It's exactly what we thought would happen.

And the cost of energy and wholesale prices fell? Good.

WE ALL thought would happen?

Then why was it UNEXPECTEDLY and why The figures may prompt economists, who are projecting consumer spending climbed in the first quarter at the fastest pace in two years, to reduce growth estimates.


Clearly the 2 are NOT COMPATIBLE

Right?

RIGHT!

 

[JohnnySavage]

CNBC is obsessed with bitcoin.

 

[Busybody]

WE ALL thought would happen?

Then why was it UNEXPECTEDLY and why The figures may prompt economists, who are projecting consumer spending climbed in the first quarter at the fastest pace in two years, to reduce growth estimates.


Clearly the 2 are NOT COMPATIBLE

Right?

RIGHT!

hey yo, CURRY

how the fuck can you be so fucking DUMB?

 

[RobDownSouth]

Which of Lit's gold bugs will be willing to admit they're losing their shirts betting against the economy right now?

Won't be AJ.

He's 100% invested in the stock market AND 100% invested in gold.

His 200% investment strategery means he NEVAR loses money. NEVAR.

 

[Busybody]

WASHINGTON (MarketWatch) -- The University of Michigan-Thomson Reuters consumer-sentiment gauge dropped to a preliminary April reading of 72.3 -- the lowest result since July -- from a final March reading of 78.6, reports said Friday. Economists polled by MarketWatch had expected a preliminary April reading of 79.3. However, consumers have faced negative news on jobs and federal spending. The sentiment gauge, which covers how consumers view their personal finances as well as business and buying conditions, averaged about 87 in the year before the start of the most recent recession. Economists watch sentiment data to get a feel for the direction of consumer spending. Elsewhere Friday, the government reported that retail sales fell 0.4% in March, the largest decline since June.

 

[JohnnySavage]

Scott London is stepping up and taking responsibility. How refreshing.

 

[Busybody]

Scott London is stepping up and taking responsibility. How refreshing.

shocking...isn't it?


my guess is, he was making small talk....like we all do....and I do with my stock tips

and some guy FUCKED HIM!

 

[JohnnySavage]

shocking...isn't it?


my guess is, he was making small talk....like we all do....and I do with my stock tips

and some guy FUCKED HIM!

But your stock tips suck