Yes and no: Cortporate profits are not speculation and they are way up... but average wages lag.

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Yes and no: Cortporate profits are not speculation and they are way up... but average wages lag.

Author: Curly1918 (18209 Posts - Joined: Aug 30, 2017)

Posted at 5:05 pm on Aug 5, 2026

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But let's imagine how worse things would be for wage earners if we were still being flooded with cheaper foreign labor.

Link: https://www.msn.com/en-us/money/top-stocks/dow-soars-900-points-on-strong-corporate-profits-hopes-of-iran-deal/ar-AA29ogdH?ocid=BingNewsVerp

Replies to: “Yes and no: Cortporate profits are not speculation and they are way up... but average wages lag.”

Bipolar nation: We elect socialists as the markets absolutely SOAR, [LINK] - Curly1918 - 4:36pm 8/5/26 (11) [View All]
- The socialists appeal to people who want free stuff. - PaND - 5:15pm 8/5/26
- It's called a "K Shaped" economy...not good when the lower half is ignored... [NT] - TyroneIrish - 4:57pm 8/5/26
  - Thank god the border is not flooding us with cheap labor or the lower half would be screwed. [NT] - Curly1918 - 5:07pm 8/5/26
    - If Trump hadn't killed the 2024 bipartisan Senate Border Security and Immigration Bill in - TyroneIrish - 5:43pm 8/5/26
      - Still beating that old dead horse. The border is just fine today. [NT] - Curly1918 - 6:09pm 8/5/26
      - Biden was POTUS in May of 2024. [NT] - Hensou - 5:51pm 8/5/26
        
        Well...nominally anyway... [NT] - TakethetrainKnute - 6:04pm 8/5/26
- K shaped economy. Asset (stock/bonds/housing) prices rise faster than wages. Our growth is based on - Eli - 4:55pm 8/5/26
  - Yes and no: Cortporate profits are not speculation and they are way up... but average wages lag. [LINK] - Curly1918 - 5:05pm 8/5/26
    - Which one are not based on speculation? Care to share? I’ll buy their stocks. Wont forget you when - Eli - 5:35pm 8/5/26
      - I suppose that any investment involves a judgment about future profits but recent performance [LINK] - Curly1918 - 6:07pm 8/5/26

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