The tweets VB just put up remind me of something I wanted to comment on regarding change in economics in this country. We always hear about labor costs and how American can’t compete, etc.

What about profit margin? How much would the economy change if profits were under the microscope too. Some competition alone can be created by not just keeping expenses down, but what about profits down too?

Take you typical Nike shoe example. We know they pay next to nothing to manufacture the shoes…but look at their costs? What happens if people were paid a bit more to make them and the profit was decent but not as high as the market will bear, etc.

And, does a guy like Bernie ever talk about that end of the cycle? I don’t remember hearing him address how profit margins can also figure into the loss of jobs, pay scale, corporate health, stock market, etc.