…pandemic. Food prices — which are up 28% since 2019 — remain high because of the combined impact of rising operating costs, supply-chain disruptions and corporate profits. Higher production, labor…

…contradict both principles. Proponents of Trump’s cuts argued the corporate rate cut would trickle down to all Americans5. This is a foundational belief of “supply side” economics, a philosophy that…

…growth in the second quarter. Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024 Real gross domestic product (GDP) increased at an annual rate…

…and Senate. America demanded fundamental reforms — a progressive income tax, corporate taxes, estate taxes, limits on the political power of large corporations, antitrust laws, laws enabling workers to form…

…causing these price hikes? While inflation is part of the story, it’s clear that corporate practices, market consolidation, price fixing, and emerging technologies are also at play. The Scale of…

…a key driver of rising U.S. income inequality for decades, and the gap between CEO and worker pay only widened during the pandemic. In 2021, corporate CEOs were quick to…

…year (according to ATTOM Data Solutions), suggesting more borrowers in trouble. 4. Corporate profits continue to rise You might think that with all these stresses on American consumers, corporate profits…

…being shipped overseas en masse. It was also the period when George W. Bush’s tax cuts kicked in. Let’s do a similar exercise with corporate profits, since these ought to…

…housing, an important interface between consumers and producers, as well as corporate profits. Next I updated interest rate indicators. I this final installment I will look at money and credit…

…through 1986 — was on corporate executive pay. It is probably not accidental that the years after lower marginal income tax rates took hold — along with lower rates on…