Sunday, April 3, 2016

Context on US corporate profits


Tim Taylor - context on US corporate profits. Wherein he gives us this chart:



And if you know how to read a chart, you'll see that US corporate profits as % share of GDP are the highest they've been since the 1950s.

So the next time some idiot whines about the downturn in corporate profits, ask him to quit posting bullshit to his blog until he figures out how to use the zoom function on his charts.


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