U.S. corporations’ after-tax profits have grown by 171 percent under Obama | Page 3 | TigerDroppings.com

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


quote:

As did Ayn Rand in Atlas Shrugged


Ayn Rand is a joke.

ETA: And a terrible novelist.



This post was edited on 1/17 at 6:11 pm


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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

a 1% to 2.71% profit margin would be a 171% increase in profits.

And that is the thread.


The article explains how they got their data, It's from Bloomberg.

Do you think the heightened corporate profits, but stagnate pay scales could be affecting economic growth? This was quoted in the article

quote:

Business leaders cite low labor costs in an era of high unemployment, the Federal Reserve’s easy-money policies, and their own management savvy for the profit boom. Prosperity has come in spite of the president, not because of him, they say.


If profits are up why aren't wages?






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


quote:


As did Ayn Rand in Atlas Shrugged.


I'm not a Rand fanboy, so I don't know why you responded to me with that statement.






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


quote:


If profits are up why aren't wages?


Because there is a large labor pool willing to accept the current wage rate across many sectors.






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


quote:

If profits are up why aren't wages?








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Something over there
Arkansas Fan
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Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

And Carrolton hits it out of the park!


No, hes just the only one that even attempted to post an educated reply. Read the article, its pretty obvious that corporate profits are skyrocketing right now.

All this data should do is shut up the constant bull shite that gets spewed all over this board on a daily basis about Obama hating businesses. and that his policies are hurting businesses. After four years its pretty obvious that is not the case. Statistically it appears to be the opposite. That article cites that 80 percent of economist polled agree that the bailout/stimulus helped the economy. The same one many of your republican leaders voted against.






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AUsteriskPride
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Member since Feb 2011
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


This thread is getting way too technical at this point.. Econ 101 - we're now in too deep.





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Scrowe
New Orleans Saints Fan
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


You do realize that the article doesn't speak of net profit it only speaks of after-tax profit which are not one and the same.

A bit of a partial truth. Just because after-tax profit is rising, does not mean that net profit is.






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Something over there
Arkansas Fan
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Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


I'm sorry but a supply and demand chart does not completely explain why companies choose to stagnate wages and increase profits, when many are confronted with the option to increase both.


This post was edited on 1/17 at 9:25 pm


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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

A bit of a partial truth. Just because after-tax profit is rising, does not mean that net profit is.


Did you read the quotes from the CEOs in the article?

If net profits aren't increasing but after tax profits are, are corporate taxes actually decreasing?



This post was edited on 1/17 at 6:24 pm


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


High profits in with an economy with almost no growth. What does it mean... Do you think that business are sitting on money due to the fact that they don't think they will make more money by reinvesting it into the company... What does that say for the near term growth...





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AUsteriskPride
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Member since Feb 2011
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

does not explain why companies choose to stagnate wages and increase profits, when many are confronted with the option to increase both.



Uncertainty of future outgoing costs once health laws go into effect, and a labor pool where qualified workers aren't scarce. Couple that with looming tax increases, you've got a great combination for corporate profit hoarding.






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


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I'm sorry but supply and demand does not explain why companies choose to stagnate wages


How does it not? Let me help you workers SUPPLY what to business?






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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


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.





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


Let me help you out...







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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


They have to make higher profits to be able to hoard them... The article doesn't say a single thing about hoarding them. The companies are making more profit.





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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


Supply and demand: higher paid workers will make your job openings more competitive, more competitive job openings lead to more skilled workers. More skilled workers lead to increased productivity. Increased productivity shifts the supply line to the right. Prices fall and demand for your products rise. Profits rise as an outcome.

Supply and demand if taken literally says use those profits to increase wages.



This post was edited on 1/17 at 6:34 pm


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WildTchoupitoulas
Member since Jan 2014
Member since Jan 2010
16500 posts

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


quote:

I'm not a Rand fanboy, so I don't know why you responded to me with that statement.


Jesus, people are so damned defensive up in here.

Just making an observation.

The reason I responded to your post with that statement is because you were talking about people that have forgotten the involvement of the government in railroad expansion.

Did you mean to include Ayn Rand when you said "they forget"?






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wickowick
LSU Fan
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Member since Dec 2006
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re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama


quote:

higher paid workers will make your job opening more competitive


They pay the market rate for labor, not more than it. With a high unemployment rate more people are looking for work, this increases the supply of labor, more workers equals less pay...






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SlowFlowPro
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Member since Jan 2004
300636 posts

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


quote:

Supply and demand if taken literally says use those profits to increase wages.


if you're assuming that there isn't massive unemployment and an abundance of qualified labor for that position

quote:

more competitive job openings lead to more skilled workers.

more competitive job openings lead to decreased wages per skill level. this is the flaw in your little digression






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