Blogging on bureaucracy, organizations, USDA, agriculture programs, American history, the food movement, and other interests. Often contrarian, usually optimistic, sometimes didactic, occasionally funny, rarely wrong, always a nitpicker.
Monday, November 18, 2019
Corporate Profits Up 66 Percent?
I think it was Kevin Drum who noted a big rise in US corporate profits--maybe 66 percent as a percentage of GDP.. If I remember right it was from 6 percent to 10 percent of GDP. Don't find it now but here's a chart from the St. Louis Fed showing after tax profits in non-adjusted dollars.
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