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Corporate profits are near record highs. Here’s why that’s a problem.

 
 
 
^The disability industrial complex, hah! A lot of people are on welfare because of disability (not quite diagnosed) and then the welfare runs out due to limits. They still need help and so they get a diagnosis finally. It doesn't mean they were or are scamming the system. I am speaking from the position of observing people in these types of conditions. It doesn't mean everyone, but it's not necessarily a complex or a scam just because conservolibertarians don't like the safety net.
 
dismal said:
ZiprHead said:
That's not a slap, it's a tautology. The question is why a lot of Americans aren't working.
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Some are retired. Some are married and stay at home. These numbers trended up for decades as women entered the workforce in greater numbers. I don't imagine as many 16 year olds work as once did.

However, the big growth wedge in non-working working age adults is disability.

Even as we make great leaps forward in medical science and workplace safety for some reason more and more Americans just keep coming up disabled.

Link:

http://apps.npr.org/unfit-for-work/
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It's the great leaps forward in medical science that cause an increase in disability! These are people that we saved but they would have died in the old days.

I do agree there is a small increase in disability due to the economy but that's actually legit. When jobs are scarce employers will be less willing to hire the marginal workers. Someone on the edge of being able to work might be able to get work in good times but they're forced out in bad times--and at that point they have basically no chance of getting back in. Thus they're unable to get a job because of their medical issues--that's disability in my book.
 
ksen said:
http://larrysummers.com/2016/03/30/...res-why-thats-a-problem/#sthash.zlDeP3am.dpuf

Third, it could be that higher profits do not reflect increased productivity of capital but instead reflect an increase in monopoly power. If monopoly power increased one would expect to see higher profits, lower investment as firms restricted output, and lower interest rates as the demand for capital was reduced. This is exactly what we have seen in recent years!
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We're due for a good round of trust busting.
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If we enforce antitrust laws, how will we ever establish a new aristocracy to rule over us? You silly liberals just don't think these things through, do you? Why do you hate our freedom? [/conservolibertarian]
 
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