U.S. corporations’ after-tax profits have grown by 171 percent under Obama | Page 4 | TigerDroppings.com

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CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46307 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

Do you think the heightened corporate profits, but stagnate pay scales could be affecting economic growth?


The recovery hasn't reached fruition, the future with the douche bag in the oval office is unknown, I don't see how it is your place to tell corporations what to do with their profits. BBTAIM, I'd rather see business hire more workers and expand the economy than as you desire pay more to existing workers for the same work product in a market gluttted with unemployed.








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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1085 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


The market rate for labor is set by the corporations not the workers. In theory if company A used their increased yearly profits to up their pay rates, given time, any competing companies would have to either become more technologically advanced or increase their rates to keep up. The most qualified candidates are still going to go to the company that pays them more.





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WildTchoupitoulas
Member since Jan 2014
Member since Jan 2010
16186 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

Well that would be incredibly faulty logic.. What would be the best way to stimulate the economy and in turn help your own business? My first guess would be to get more money circulating.







Oh shit, I fold.






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


LINK

I like this concept. Seems to be working for them.

Win6. #consciouscapitalism



This post was edited on 1/17 at 6:43 pm


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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1085 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


I'd love to see either. But in theory higher wages can lead to growth and then eventually more jobs.


This post was edited on 1/17 at 9:27 pm


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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
16530 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

The market rate for labor is set by the corporations not the workers.


No, this is false.

Workers determine the rate for labor by whether or not they accept jobs at the rate at which businesses are offering. If a business cannot hire any qualified workers due to wages being too low, then they will raise them.






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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
16530 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

But in theory higher wages will lead to growth and then eventually more jobs.



Let's just raise the minimum wage, then. Surely that will get more money in circulation.






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CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46307 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

But in theory higher wages will lead to growth and then eventually more jobs.


In theory higher wages lead to less profit and less investment in infrastructure and expansion and so no increase in jobs. More profit leads to more capital gains and dividends, rewarding those that risked capital in the business.

Yours is some 19th century union theory of wages paying more than labor is worth to stimulate the economy, which has been discredited by all but union tools.






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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
299838 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

But in theory higher wages will lead to growth and then eventually more jobs.

investment leads to growth

if you raise wages, you cut into your ability to invest and create growth

sure higher wages and better employees can lead to growth...in a very isolated R/D department that wont' affect wages on a grand scale






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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
27159 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


I love when academia bred lib art kids like the op explain econ to us heathens





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RCDfan1950
LSU Fan
United States
Member since Feb 2007
11096 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


Haven't companies cut back on manufacturing? Many have laid off workers and delayed expansion, fearing the effects of Obamacare. There's been a ton of keynesian fiat money dropped into the markets, to the good of the moneychangers...but not so much the average joe. Demand is down, and expected to go down further given the liklihood of a double dip recession.

Given the utterly abnormal dynamics of the current economy and corporations...I don't see how the numbers can in any way truly reflect either current of future economic conditions. I'd say it's like..."the attacks on our consolate were the result of....", hell...just flip a coin and fill in the blank.

What's it matter. As soon as they run out of fiat credit...the dominos are coming down. Reboot. Live and learn. And I expect we'll be better for it.







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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15616 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

The growth in profits is due to increased productivity of employees working longer hours juxtaposed with stagnant/decreasing wages for labor.
Don't wages reflect supply and demand? There are millions of unemployed who would gladly take the jobs of those making $36,000 per year for $32,000 per year. Could that possibly have any influence on corporate profits?






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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1085 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

I love when academia bred lib art kids like the op explain econ to us heathens


You may not be a "heathen" or ridiculously clueless about politics/economics, but a large amount of the people I'm exposed to are. A large amount of the posters on this board are too. You guys can be cock slapped by facts all day and all night and still choose to block out any signs of rationalism.

Nearly every single post and topic here is just bashing something or bitching about something that pisses you guys off. Excuse me if being exposed to that on my visits here causes me to lump you in with the majority of southern conservatives I'm around every day. Guys get so mad on this site you'd think I was trying to prevent them from marrying someone they love or takeing away their guns.

In no way shape or form, is this board a venue for discussion. It's a circle jerk for a bunch of old dudes who are dead set on their ways.

It may be hard, and not very fun but any little thing I can post to you guys that goes against the conservative propaganda campaign you choose to expose yourself to will make the world a better place.

The article I linked probably took away at least one suicidal thought from a poster. Happy to be doing the dirty work guys



This post was edited on 1/17 at 8:38 pm


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acgeaux129
USA Fan
We are BR
Member since Sep 2007
15011 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


I'm not going to lie man. In spite of your conceit, you don't know anything, even if you pick out the low-hanging fruit on here to fuel your ego.

For instance, corporations don't unilaterally establish wage rates, you clown. Even if you are dumb enough to think that labor is somehow not participatory in establishing wages, corporations don't even comprise half of employment in America. If you knew what the frick you are talking about, you wouldn't spew that kind of drivel. Instead, you elect to bitch nonsensically about c-suite pay because you see other dipshits talk about it on reddit.

And this is ignoring the reality that Obama started his presidency in a recession (you may not be able to figure that one out), and that we have had arguably unprecedented accommodating monetary policy. But if you want to go ahead and waste time dismissing some posters on some bull shite Godwin's law premise, feel free to do so. They are still probably more intelligent than you.






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Tiger Authority
LSU Fan
Member since Jul 2007
29475 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

But in theory higher wages will lead to growth and then eventually more jobs.



At what level are you discussing? Because higher wages will lead to higher demand will lead to a higher number of individuals joining the labor force and a higher unemployment rate.






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Tiger Authority
LSU Fan
Member since Jul 2007
29475 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

Obama is easily the best Republican president we've had in ages.



What's the causal connection here?






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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1085 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

I'm not going to lie man. In spite of your conceit, you don't know anything, even if you pick out the low-hanging fruit on here to fuel your ego. For instance, corporations don't unilaterally establish wage rates, you clown. Even if you are dumb enough to think that labor is somehow not participatory in establishing wages, corporations don't even comprise half of employment in America. If you knew what the frick you are talking about, you wouldn't spew that kind of drivel. Instead, you elect to bitch nonsensically about c-suite pay because you see other dipshits talk about it on reddit. And this is ignoring the reality that Obama started his presidency in a recession (you may not be able to figure that one out), and that we have had arguably unprecedented accommodating monetary policy. But if you want to go ahead and waste time dismissing some posters on some bull shite Godwin's law premise, feel free to do so. They are still probably more intelligent than you.


Now that you got that off your chest do you feel a little better? Like I said you guys are just flat out ignorant when it comes to knowing how to hold a decent conversation. Discussion does not exist on this board,that probably tells the same tale of why it doesn't exist in the minds of most of our republican congressmen. You aren't just arguing with me though, I'm not just gonna post a dumb arse supply and demand graph and say "here that explains everything your arguments are invalid". I'll provide you with any links you possibly need, not that it will help, most will be pushed to the side as "Obamamath" or something else you guys hear on Limbaugh. The article I posted clearly explains how they got to their conclusions.


quote:

corporations don't unilaterally establish wage rates


Never said that they did, but in some markets they do. It was a direct theoretical response to a guys argument saying the opposite. Both happen all the time. I'll post you a links arguing that both corporations and workers are responsible for wage rates. Its been a topic of ongoing discussion forever. First you will have to tell me you don't believe me and I'm wrong again though.



This post was edited on 1/17 at 9:23 pm


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Porky
Arkansas Fan
Member since Aug 2008
13064 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


Our failing economy isn't the fault of Republicans or Democrats. It's due to a complete joke of a monetary system which at the root, is a scam.

Of course, it's all legal.

"Houston, we have a problem!"



This post was edited on 1/18 at 12:46 am


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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

Our failing economy isn't the fault of Republicans or Democrats. It's due to a complete joke of a monetary system which at the root, is a scam.




This times infinity.






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wickowick
LSU Fan
Head of Island
Member since Dec 2006
24416 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

I'm not just gonna post a dumb arse supply and demand graph and say "here that explains everything" your arguments are invalid.


I was trying to dumb it down for you, guess I didn't do a good enough job...






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