georgephillip
Diamond Member
- Thread starter
- #41
Are jobs more relevant than profits in your world?Irrelvance stacked on top of irrelevance does not make the irrelevant relevant.
Besides, GE is a big time friend of the current regime....Best not get on Boiking's enemies list!
Fourth quarter profits at US businesses were up 29.2 % their fastest growth in more than 60 years.
"Collectively, American corporations logged profits at an annual rate of $1.678 trillion. And to add insult to injury, the top executives, who seem unable or unwilling to create jobs or adequately reward their workers, have increased their own compensation by a whopping 12 percent over the previous year, setting the median pay at $9.6 million per year for those in control of the leading 200 companies.
"The Times adds that 'C.E.O. pay is also on the rise again at companies like Capital One and Goldman Sachs, which survived the economic storm with the help of all of those taxpayer-financed bailouts.'
Where would the rich be without the US taxpayers?
The False Debate on the Debt | Common Dreams