IT'S GOOD TO BE THE CORPORATE KING...PISS BOY, OH PISS BOY...
In the last three months of 2023, after-tax corporate profits reached an all-time high of $2.8 trillion. This is part of a long-term growth in corporate profits that began in the 1980s, picked up steam at the turn of the millennium, and exploded since 2020.
Judd L on rampant CORPORATE LARGESSE
It's possible for corporate profits to be used productively to fuel innovation and growth. But that doesn't appear to be happening. Economist Christian Weller notes that corporations are using their record profits "mainly to pay dividends to their shareholders and building up their stockpiles of cash."
@Madken65
Can't you FEEL the trickle down in action!!
😉