Behrman computes that, in today's dollars, "that sum equals roughly $100 billion, and as a comparable share of U.S. Gross National Product it would be in excess of $500 billion".
The result was a collapse in corporate profits' share of national income and a comparable rise in the share going to employee compensation.
In the United States, the comparable share slipped slightly from 17.4 percent to 16.5 percent.
Look at the map of those results, and that huge island of "in" voting in London and the south-east; or those jaw-dropping vote-shares for remain in the centre of the capital: 69% in Tory Kensington and Chelsea; 75% in Camden; 78% in Hackney, contrasted with comparable shares for leave in such places as Great Yarmouth (71%), Castle Point in Essex (73%), and Redcar and Cleveland (66%).
The Getty Oil Corporation yesterday announced third quarter earnings of $26,114,000, or $1.34 a share, compared with $24,046,000, $1.18 a share, in the comparable period last year.
The results, which meant income of $1.18 a share, compared with a profit of $137.6 million, or 67 cents a share, in the comparable period a year ago.
Walgreen said its decision not to be a part of Express Scripts pharmacy network cost 1 cent a share in comparable pharmacy sales and 1 cent a share in related expenses.
For the fiscal second quarter ended March 27, Apple reported earnings of $55 million, or 38 cents a fully diluted share, compared with a loss of $708 million, or $5.64 a share, in the comparable period a year earlier.
Aetna, which has been under pressure from disgruntled shareholders to slim down, said operating earnings were $184 million, or $1.29 a share, compared with $158.5 million, or $1.01 a share, in the comparable quarter a year earlier.
Goodrich, which is based in Akron, Ohio, reported first-quarter net income of $16.2 million, or 56 cents a share, compared with $53 million, or $2.02 a share, in the comparable period a year earlier.
