Profit Margins at 18 Year Highs
Despite prognostications of the world ending inside of a nuclear cloud, U.S. corporations are in the midst of a profitable renaissance. Margins are expected to climb by 8.9% in 2011, allowing CEO’s to raise dividends.
However, it’s worth noting, they have little to no interest in hiring lazy Americans to make their cheap goods. They much prefer the slave camps at FOXCONN to man the whip.
New U.S. labor pool, FOXCONN Factory: Shenzen, China
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