Also want to add that the profit margins of these large corporations are possible only because of people earning First World wages while using labor that is being paid Third Wold wages. It never seems to dawn on them that they are cannibalizing their own customer base when they insist on driving wages down to Third World levels. If not for the expansion of the credit markets — enabling stupid Joe Sixpack to use debt, instead of wages, for consumption — their profit margins would be at or below the levels seen in the 60s and 70s, IMHO.
