irripressible

Some points of interest:

Corporate profits are soaring. After taxes, they now take 12.3 percent of national output, far above their postwar average of 7.3 percent.

Adjusted for inflation, hourly wages have risen 3 percent since the end of 2019, Ip noted. Corporate profits over the same period have risen 50 percent.

The Economic Policy Institute calculates that since 1979 the productivity of American workers has grown 90 percent while the pay of the typical worker has grown 33 percent. Had wages tracked output, the average worker would earn $16.40 more an hour today.

The profits are concentrated among the largest corporations. Earnings at the 500 biggest US firms rose 28 percent in the first quarter from a year earlier, the fastest pace since 2021, and their profit margins reached 14.8 percent. The seven technology giants known as the “Magnificent 7”—Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla—grew their profits 63 percent.

Babe, wake up, new sarcastic but entire worthwhile internet abbreviation just dropped

@ katemckean.bsky.social Over on threads someone just use ai;dr and we all need to adopt that right quick

He did a wonderful job, but as he was returning my plant to my custody, he explained "I watered her every other day, I gave her new dirt, moved her into the sunshine, prayed the rosary-"

"What?"

He looked at me, confused. "Isn't she a plant you pray with?"

"No," I said slowly. "She's a prayer plant. That's the... colloquial name of the plant."

Upon seeing his stricken face, I realized something went wrong. Turns out, this entire time, he's been including my plant in on his prayers and leaving her near icons.

Behold, Dorothea

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