In April, May, and June, corporate America accumulated 1.7 Trillion in just corporate profits.

All that money could simply disappear, and it would have no effect on the day to day running of the economy. Loss of corporate profit? Job levels stay the same. Loss of corporate profit? Banks still solvent. Loss of corporate profit? Income levels don’t change…

Corporate profit is just another name for money left over after all expenses have been fufilled…

It’s extra, it sits on the outside of the economy, it is meaningless..

Let’s put that money into jobs, into business loans, into raising income levels… all which do have a benefit to the economy…

Then, once the economy is roaring, and everyone is again working, is spending freely, has more money than they can possibly use, then profits will be going through the roof…

When a business fails, the usual trend is for it not to pay it’s bills, accumulate and pocket all incoming cash it can, and then say… “Oops, sorry. We’re bankrupt….”

Allowing obscene profit during this economic depression is just as equally insane (except of course for those thieves legally skimming off the top before the upcoming inevitable collapse.)