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AFL CIO debunks profit squeeze as myth says cash flow outpaces capital needs
The AFL CIO argues in its American Federationist analysis that profits are not a reliable health measure. It claims cash flow after taxes and depreciation shows corporations hold surplus funds, with 1959 to 1961 figures showing varying relations to capital expenditures.
MENTIONED IN THIS ARTICLE
Afl-Cio
Washington
The
Ganization
American Federationist
Department of ‘Commerce