The following graph, composed from data compiled by the St. Louis Fed, shows how for the past 30 years, corporate profits have exploded while our net export of goods and services overseas have plummeted (HT: @matthewstoller):
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The following graph, composed from data compiled by the St. Louis Fed, shows how for the past 30 years, corporate profits have exploded while our net export of goods and services overseas have plummeted (HT: @matthewstoller):