Public Pension debate question

What results would occur if public employee pensions were directed to not invest the employee contributions for one month?

Moving Forward economically post 2 Corporate Profits

Corporate profits are up. They are up a lot. This is both a problem and an opportunity. It is also a reflection on its unique position within the current economic climate. No other part of the economy as much a rosy picture as corporate executives and shareholders. The government is broke. Too high a percentage of consumers are either broke or not far from broke. This is not a fair balance.

The questions that will be covered in the following posts are 'How did this disparity happen?' and "What are the changes needing to be made so that the economy rises as whole while corporations are still making profits?'.

Best Quarter Ever

I am disheartened by the fact that as the working people (including you and I) of this country are going through tough economic times, corporations and their stockholders (to include me and you through retirement and other holdings) are enjoying record profits.

I guess the question is what do we do about it as citizens and shareholders at the same time?

The New York Times story below spells it out.

Largest Quarter Ever

Happy Thanksgiving!

The fuse has been lit

This economy has the real opportunity to roar back in 2011. The GDP numbers were up an annualized 2%. This is great news considering the fact that corporations in the S&P are holding on to $1 trillion dollars and not hiring! It is not normal to find positive GDP without hiring or spending by corporate America.

There is a feeling that once the mid term elections are over, there will be more certainty as to how governmental economic policies will be shaped. That alone will allow corporations to act and start hiring again.

Leave it to Kids

Hey

AP reported that Toys R Us announced they will double their workforce for the holiday season. It is nice to know that a store for kids has become a leader in hiring and doing their part to get us out of the recession. Paging the rest of Corporate America, your table is now ready!

This blog does not have any relationship with Toys R Us other than now knowing where it will shop for the holiday season and beyond.