Well, it's all related...the money workers lost went to corporate profits.
That's why corporate profits reached record highs the last 12 months as wages declined.
because no one else did.......earnings.....
- Thread starter PostmodernProphet
- Start date
Well, it's all related...the money workers lost went to corporate profits.
That's why corporate profits reached record highs the last 12 months as wages declined.
PostmodernProphet
fully immersed in faith..
probably not, but if you start a thread about it and provide some proof someone might be convinced......
Then how do you explain corporate profits reaching record highs while wages declined?
You said that wages declined.
You didn't say where those lost wages went, because they had to go somewhere.
Money doesn't just disappear into thin air.
You can't have it both ways...
You can't say that wages have declined in a vacuum because money doesn't just disappear.
And you also can't say that Biden's policies are harming the economy because corporations reached record profits.
So where did all those workers' wages go? Because they had to go somewhere...
PostmodernProphet
fully immersed in faith..
I just did......
And you just fucked your own argument by doing so.
You can't say that wages have declined in a vacuum because money doesn't just disappear.
And you also can't say that Biden's policies are harming the economy because corporations reached record profits.
PostmodernProphet
fully immersed in faith..
I wonder if you've noticed no one has bothered even discussing it except you.......I simply don't care what you are posting......is it about baseball......coconuts.........UFOs?.....
So wages declined, but corporate profits hit record highs.
So wouldn't that mean corporations stole workers' wages for profit?
Unless you believe money just disappears into thin air....
Yakuda
Verified User
Hey Einstein if you were laying attention you'd have realized I'm not the one who mentioned inflation. Shit stain
Yeah, but you're forcing the issue...
Do you not think that the wage decline has anything to do with the corporate profit increase? Because money doesn't just disappear into thin air.
Wages go down, profits go up...and you can't make that connection?????
Or can you make that connection, you just don't want to because then you can't rely on your same old lazy scapegoats.
Theywillneverlearn!
Verified User
In that case you should never be typing on this board. At a minimum.
BartenderElite
Verified User
Do you know what a Depression is? In economic terms?
STFU.. u stupid bald POS
BartenderElite
Verified User
I have. What does that have to do w/ the fact that we are nowhere near a Depression?
"Unless you believe money just disappears into thin air...."
That's what I wrote, but you chopped off the first three words of the sentence because you can't debate this subject with me due to the fact that you're a fucking loser.
The only reason the economy would slip into a recession at this point is if the Federal Reserve wills it.
So we heard a lot from people like Flash the last couple years about how the Fed was artificially inflating the economy through QE or whatever, but then suddenly people like Flash are silent or are even supportive of the Fed trying to engineer a recession because workers have too much leverage in the job market.
BartenderElite
Verified User
Just checking again: do you know what a Depression is?
depression
noun
de·pres·sion di-ˈpre-shən dē-
pluraldepressions
1
: an act of depressing or a state of being depressed: such as
a
: a state of feeling sad : low spirits : MELANCHOLY
specifically : a mood disorder that is marked by varying degrees of sadness, despair, and loneliness and that is typically accompanied by inactivity, guilt, loss of concentration, social withdrawal, sleep disturbances, and sometimes suicidal tendencies
see also CLINICAL DEPRESSION, MAJOR DEPRESSION, POSTPARTUM DEPRESSION
b
(1)
: a reduction in activity, amount, quality, or force
a depression in trade
(2)
biology : a lowering of physical or mental vitality or of functional activity
c
: a pressing down : LOWERING
a depression of the tab key
2
economics : a period of low general economic activity marked especially by rising levels of unemployment
heading towards a depression
periods of economic depression
3
: a place or part that is lower than the surrounding area : a depressed place or part : HOLLOW
The chicken pox left several depressions in her skin.
4
meteorology : LOW entry 2 sense 1b
a tropical depression
5
a
astronomy : the angular distance of a celestial object below the horizon
b
mathematics : the size of an angle of depression