US corporate profits after tax 1990 to 2011
from David Ruccio
US corporate profits after tax 1990 to 2011
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Hmmm….. I wonder, if we could see the lines for real inflation, indexed real wages, consumer spending, permits & building starts, rental values, food prices, oil & gasoline prices, and spot gold prices or the metals index for the same period, would that give us a clearer picture?
Is that where the rich go skiing?
Aren’t “real” profits indexed against a base year (like constant dollars)? If so, shouldn’t nominal and real be close near the beginning of the graph and get farther apart towards the end? Or does “real profits” mean something else?
Here was I thinking corporates were all struggling to survive due to heavy handed regulation and too high taxes if you believe Fox News (which Im sure by now… not many people do).
Id say that graph is the outcome of the Greenspan era…corporates doing just fine thankyou and everyone else, Mum Dad and the kids, Grandma and Grandpa, quietly imploding.
Please reconstruct graph after subtracting out government deficits- not so impressive is it?