Latest topics
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA

» UF2 Members Chat Thread: Part 3
Mon Jan 19, 2015 4:01 pm by member

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Mon Oct 06, 2014 6:33 am by 

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009

» things are going to get worst
Sun Sep 21, 2014 7:51 pm by 

Social Networks
September 2016
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

Calendar Calendar


Corporate Profits At All-Time High As Recovery Stumbles

View previous topic View next topic Go down

Corporate Profits At All-Time High As Recovery Stumbles

Post by Guest on Fri Mar 25, 2011 7:32 pm

Corporate profits steadily increased last year as companies continued holding onto record amounts of cash and other liquid assets while cutting costs, laying off workers and wringing more productivity -- defined as the amount of output that comes from an hour of work -- from remaining staff, even as the recession eased.

To put that in perspective, said Lynn Reaser, the chief economist at Point Loma Nazarene University in San Diego, it's important to note that companies were able to bring production back up to pre-recession levels without hiring any more workers.
Evil or Very Mad

http://www.huffingtonpost.com/2011/03/25/corporate-profits-2011-all-time-high_n_840538.html

Guest
Guest


Back to top Go down

Re: Corporate Profits At All-Time High As Recovery Stumbles

Post by Jobless_in_Ma on Fri Mar 25, 2011 8:01 pm

This is a true indicator of the corporate greed that is going on. Millions out of work and they're showing record profits. Reminds me of when gas was at 5 dollars a gallon and oil companies were showing record profits.

These practices are eroding away at the American dream and continuing to hinder any real recovery. This needs to stop.

Now some may say, oh well its capitalism, well to that I say NO its not, its corruption and greed and ruining this country.

_________________
Thanks to all members for participating in the discussions.

Jobless_in_Ma
Administrator
Administrator

Posts : 2348
Join date : 2011-02-16
Age : 42
Location : Ma

http://www.unemployed-friends2.org

Back to top Go down

Re: Corporate Profits At All-Time High As Recovery Stumbles

Post by Guest on Fri Mar 25, 2011 8:11 pm

It' pure greed. Plain and simple. Gas and food at all time highs and profit, profit, profit. Salaries and Bonuses, but oh, don't pay teachers, state workers or any union member for that matter. Why isn't everyone as mad as we are right now. This isn't something that only hurts the unemployed and the 99ers, it hurts everyone.

Guest
Guest


Back to top Go down

Re: Corporate Profits At All-Time High As Recovery Stumbles

Post by vintage on Fri Mar 25, 2011 11:57 pm

I agree. It is pure greed. Yes, it does hurt everyone. MAD
Just think about all those workers that have to probably do the work of several people and at the same pay. I feel for them but at least they still have a job.

vintage
Member

Posts : 7
Join date : 2011-02-17
Location : South Carolina

Back to top Go down

Re: Corporate Profits At All-Time High As Recovery Stumbles

Post by 503Depressed on Sat Mar 26, 2011 1:04 am

Greed for sure. Gas is running $3.75 here for reg and $4.00 for premium.

503Depressed
Member

Posts : 164
Join date : 2011-02-22
Age : 51
Location : Portland, Oregon

Back to top Go down

Re: Corporate Profits At All-Time High As Recovery Stumbles

Post by Sponsored content Today at 5:50 pm


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum