Businesses Hire When They are Swamped with Demand, part XXIII

Hey, remember that saying “Businesses hire when they are swamped with demand“?

The evidence just keeping piling up for this idea. It turns out Corporate profits just hit another high – yet wages and employment is in the dumps!

I don’t know what more it will take people to abandon “expectations” as being more important than actual wages and business. As Mr. Paul Davidson says:

“Nothing will build the confidence and trust of business and workers quicker than the continuous ringing of cash registers.”

Here’s the chart from Mr Henry Blodget┬áand FRED showing Corporate profits at modern era high relative to GDP:

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Expert in business development, product development, and direct marketing. Developed strategic sales plans, product innovations, and business plans for multiple companies. Conceived the patent pending Spot Equivalent Futures (SEF) mechanism, which allows true replication of spot and swap like products in the futures space.

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Guest
4 years 8 months ago

Is the record-high corporate profits supposed to show that demand is high and businesses will hire or that profits are disconnected from demand (possibly due to pricing power)?

Guest
Dunce Cap Aficionado
4 years 8 months ago

Still working on those BHWTSD coffee mugs, stay tuned.

Guest
AndyCFC
4 years 8 months ago

I want one!

btw is this you lot at 0504? http://www.youtube.com/watch?v=f-0_B_N0Rmw&feature=related

Guest
Dunce Cap Aficionado
4 years 8 months ago

Great video!

But, there is no where NEAR enough beer, champagne and water being thrown about for that to be us ­čÖé

Guest
AndyCFC
4 years 8 months ago

ah right ppl were giving call outs what was where…sure theres a comment claiming that one for NY.

This is my fav btw… not to be played if you have speakers at work or in front of the kids, sets an F record lol
http://www.youtube.com/watch?v=8-jrUuMCDDk&feature=related

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