captainjman2@lemmy.world to politics @lemmy.worldEnglish · 1 year agoCNN Poll: Half of Americans think the economy is getting worse, despite months of stronger economic news | CNN Politicswww.cnn.comexternal-linkmessage-square91fedilinkarrow-up1351
arrow-up1351external-linkCNN Poll: Half of Americans think the economy is getting worse, despite months of stronger economic news | CNN Politicswww.cnn.comcaptainjman2@lemmy.world to politics @lemmy.worldEnglish · 1 year agomessage-square91fedilink
minus-squarehuge_clock@lemmy.worldlinkfedilinkarrow-up2·edit-21 year agoCorporate profits are relatively flat as a percentage of national income (it has gone up a bit since COVID): https://fred.stlouisfed.org/series/A445RE1A156NBEA People always seem to remember to adjust wages for inflation but understandably because of media headlines almost never adjust profits for inflation.
minus-squarehuge_clock@lemmy.worldlinkfedilinkarrow-up1·1 year agoSo if they’re hidden how do you know they are at record levels?
Corporate profits are relatively flat as a percentage of national income (it has gone up a bit since COVID): https://fred.stlouisfed.org/series/A445RE1A156NBEA
People always seem to remember to adjust wages for inflation but understandably because of media headlines almost never adjust profits for inflation.
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So if they’re hidden how do you know they are at record levels?
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