{"id":134535,"date":"2017-09-04T15:58:45","date_gmt":"2017-09-04T21:58:45","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/?p=134535"},"modified":"2017-09-04T16:17:32","modified_gmt":"2017-09-04T22:17:32","slug":"happy-labor-day-2","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2017\/09\/04\/happy-labor-day-2.html","title":{"rendered":"Happy Labor Day?"},"content":{"rendered":"

This cartoon was published in 2006. A decade-plus later, the number is has barely crawled back up to where it was then. Employees of companies are paid only 43% of the Gross Domestic Product<\/a>. In 1953 and 1970, at peak, the number was 52%.<\/p>\n

The numbers on the corporate profits are similar; they are a slightly lower share of the GDP than in 2006, but are still at historic highs<\/a>.<\/p>\n

Do remember this when “Tax Reform” is sold as “helping the workers.” Based on current numbers, the majority of any savings will go straight into corporate profits, paid out to shareholders.<\/p>\n

 <\/p>\n

Originally shared by +Laura Natale<\/a>:<\/span><\/p>\n

<\/a><\/div>\n
<\/div>\n

View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

This cartoon was published in 2006. A decade-plus later, the number is has barely crawled back up to where it was then. Employees of companies are paid only 43% of the Gross Domestic Product. In 1953 and 1970, at peak, the number was 52%. The numbers on the corporate profits are similar; they are a … Continue reading “Happy Labor Day?”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":134536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,35,528,77,376],"tags":[],"class_list":["post-134535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plusposts","category-big-business","category-economic-justice","category-economy","category-taxing-spending"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/09\/f162c826-6a41-414b-86fe-fee13974ed5dimgmax=660.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":31598,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/12\/03\/corporate-profits-vs-worker-wages.html","url_meta":{"origin":134535,"position":0},"title":"Corporate Profits vs. Worker Wages","author":"***Dave","date":"Mon 3-Dec-12 9:06am","format":false,"excerpt":"The former have hit their all-time high point as a percent of the GDP.The latter have hit their all-time low point as a percent of the GDP.But remember, unions are bad, corporations create jobs and prosperity, Obama is a Marxist\u00a0who is destroying capitalism in America, and I am Marie of\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26011,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/03\/pity-our-poor-oppressed-marxist-persecuted-corporations.html","url_meta":{"origin":134535,"position":1},"title":"Pity our poor, oppressed, Marxist-persecuted corporations","author":"***Dave","date":"Fri 3-Feb-12 6:07pm","format":false,"excerpt":"So ...1. Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.2. Corporate profits are at a 60 year high.3. Real wages are falling.So, tell me again about how ...a. Obama is oppressing US corporations.b. Corporations can't possibly hire people because they\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130491,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/04\/25\/patents-profits-and-pot.html","url_meta":{"origin":134535,"position":2},"title":"Patents, profits, and pot","author":"***Dave","date":"Mon 25-Apr-16 11:43pm","format":false,"excerpt":"The gradual but (to my mind) inexorable spread of legalized marijuana is going to generate business white papers for decades. Here we have a product that was widespread but utterly covert in production, slowly but surely becoming legal and accepted -- and the various vices of modern American business, from\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25352,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/12\/if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught.html","url_meta":{"origin":134535,"position":3},"title":"If you pay income tax from robbing a bank, do you get a refund if you got caught…","author":"***Dave","date":"Thu 12-Jan-12 5:34pm","format":false,"excerpt":"If you pay income tax from robbing a bank, do you get a refund if you got caught and lose the money?That's essentially what Joseph Nacchio -- not a popular guy in Denver -- is asserting. He paid a bunch of income tax on massive profits from an illegal stock\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132512,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/01\/05\/the-case-for-net-neutrality.html","url_meta":{"origin":134535,"position":4},"title":"The Case for Net Neutrality","author":"***Dave","date":"Thu 5-Jan-17 11:45am","format":false,"excerpt":"Alas, this is almost certainly a lost cause, as opposition to Net Neutrality is almost as knee-jerk a plank of the GOP as repealing the ACA and defunding Planned Parenthood. And for Trumpism, anything that prevents a major corporate organization from maximizing profits, regardless of the public cost, must be\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131546,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/09\/14\/if-youre-wont-be-an-american-company-you-arent-an-american-company.html","url_meta":{"origin":134535,"position":5},"title":"If you're won't be an American company, you aren't an American Company","author":"***Dave","date":"Wed 14-Sep-16 10:27pm","format":false,"excerpt":"Companies that have been traditionally American but have either sheltered their profits overseas or have moved their HQs to other countries to theoretically reduce their tax burdens ... well, duh, shouldn't be treated as American companies any more. That includes not being part of \"Buy American\" campaigns for the government,\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=134535"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134535\/revisions"}],"predecessor-version":[{"id":134542,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134535\/revisions\/134542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media\/134536"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=134535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=134535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=134535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}