According to The Business Insider, corporate profits are at an all-time high and wages are at an all-time low.
Last year, corporations made a record profit of $824 billion - the highest profit in the history of humankind.
So keep this in mind when:
1. You hear Republicans bemoan Obama's anti-business practices
2. You hear Republicans whine that that government (regulation) has to get out of the way of job creators (the rich)
Also, nothing should more clearly illustrate the importance of unions and higher wages for the working class.
If corporations are making the highest profits in the history of mankind, why are we living in an era when local governments are bankrupt?
Why are public schools suffering? Why are conservative leaders telling us we can't afford public services and social safety nets when corporations are making the highest profits they ever have in the history of humanity?
Why, in Baltimore, are we being told we can't afford rec centers and fire departments?
Because they don't pay their fair share of taxes, and they don't pay just wages. And it's our economic activity, not theirs, that funds our communities.
At some point, we are going to begin to recognize that corporations, as they function in the US today, are parasitic. That the aren't acting in the public interest - they are only acting in the interest of a select few - at the expense of everyone else.
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