Monday, July 13. 2009
How things change
Corporate Profits Percentage of National Income, 1947-2009
Two quarters more in the books and the golden age of profits lives on.
Wcw, Corporate profits, 8. April 2007
How things change.
Worth noting that despite the carnage, corporate profits as percentage of national income (with inventory and capital adjustments) are smack dab in the middle of the modern, postwar distribution. Things in aggregate just aren't that ugly out there unless you work for a living.
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