Profit: Charity or Theft of earned income? I've done some math.

[GeorgeGist]

In the first 9 months of 2008, American Corporations reported $3.44 Trillion in net profits (1).
For each of the 304,059,724 Americans (2), that was an average expenditure of $1,273.48/month, or $61127.04/year for each family of 4.


1. US Bureau of Economic Analyis
http://www.bea.gov/newsreleases/national/gdp/2008/xls/gdp308f.xls Table 11, Sum of Cells G14,H14,I14.
2. US Census Bureau estimate as of July1, 2008
http://www.census.gov/popest/states/tables/NST-EST2008-01.xls Table NST01 Cell B5

Personal Note: I believe profit = theft of earned income.

[Jackpine Radical]

1. Very interesting numbers.

Thank you.