Corporate profits up in bad times

Editor:

Corporate profit margins just hit an all-time high. Companies are making more per dollar of sales than they ever have before. (And still some people rant that companies are suffering from “too much regulation” and “too many taxes.” Pure bunk, that).

Yet fewer Americans are working than at any time in the past three decades. One reason corporations are so profitable is that they don’t employ as many Americans as they used to.

They…

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