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Real Corporate Profits By Decade


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2017 Sep 22, 11:19pm   2,558 views  7 comments

by Bellingham Bill   ➕follow (2)   💰tip   ignore  

https://fred.stlouisfed.org/graph/?g=fazS

Annual numbers (2009 dollars):

1950: $190B
1960: $180B (-5% growth for the 1950s)
1970: $230B (+30%)
1980: $440B (+50%)
1990: $390B (-10%)
2000: $590B (+50%)
2010: $1.45T (+150%)
1H17: $1.6T (+10%)

Comments 1 - 7 of 7        Search these comments

2   HEY YOU   2017 Sep 23, 9:10am  

How's the 99% doing?
Good jobs,good pensions,good healthcare & no financial burdens
trying to make ends meet each month.
Voting Republican & Democrat has worked out so well.

3   Bellingham Bill   2017 Sep 23, 9:43am  

it's not the parties, it's the people

4   joeyjojojunior   2017 Sep 23, 10:54am  

Cut corporate taxes!!!!!!

They are barely able to survive.

5   Patrick   2023 Sep 17, 4:06pm  

https://www.caitlinjohnst.one/p/its-hard-to-find-fulfillment-in-a?publication_id=82124&post_id=137122834&isFreemail=true&r=6gdz


It’s so hard to live as an authentic human being in a civilization whose every molecule is wrapped around something as vapid and soulless as corporate profit.

It’s what most of us pour most of our life force into. Most people work all day generating corporate profits to pay bills that go toward corporate profits and pay off loans from giant banks for their corporate profits or rent from real estate giants for their corporate profits. Then they come home, eat some products from giant megacorporations that they purchased at a supermarket chain, and unwind by watching entertainment created by corporations to draw as many eyeballs as possible or scrolling through social media platforms designed by corporations to be as addictive as possible. We do this while being surrounded all day by advertising designed to pull us into generating more corporate profits.

Corporate profits are our life. Corporate profits are our religion. Most of us pour more of our energy into generating corporate profits throughout our lives than the most pious monk pours into worshipping any deity. Not because we want to, but because we have to. We were born into this bizarre civilization where everything revolves around corporate profits instead of love, relationships, connection, thriving, purpose, or personal depth.
6   HeadSet   2023 Sep 18, 7:12am  

Patrick says

Not because we want to, but because we have to. We were born into this bizarre civilization where everything revolves around corporate profits instead of love, relationships, connection, thriving, purpose, or personal depth.

Only if you choose. Having a job and having friends/family are not mutually exclusive.
7   stfu   2023 Sep 18, 8:47am  

Having worked for three "FORTUNE 50" companies in the course of my career, it's amazing to me that there's been any profit at all. 70% of the management teams that I worked with had no idea how to make a profit - or at least profit was so far down on the list that it was never a priority. Instead they spent all of their energy on setting up systems to generate metrics which they could then use to justify the creation of more systems - thus creating an endless cycle of meetings and paperwork to justify their existence.

Two of those companies were big pharma - so I guess when you're selling $.01 of chemicals for $500.00 you can afford a LOT of bad business practices.

In contrast, my first big company made paper and building materials - and they were extremely focused on making a profit in a margin-less world.

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