[slyfocks]

Profits are indeed fat, though (corporate profit-to-GNP ratio is at an all-time high) [1].

Also, there’s no reason to believe corporations would raise wages simply because profit has increased. This holds true especially if labor hasn’t been the impetus for increased profit (I’d argue that efficiency gains due to technology and an increasingly oligopolistic market have led to increased profit for large corporations in the U.S.).

[1] http://static3.businessinsider.com/image/531764dbecad0401113...