Robert Reich: Where Are Record Corporate Profits Coming From? Your Thinning Wallets – OpEd

I apologize for beginning this article with a graph. But this is a very important one. It shows corporate profits after taxes, from 1946 through the third quarter of 2023 (the most recent data available). 

Notice something? 

Corporate profits are near a record high. 

Inflation is dropping, but prices aren’t coming...