The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn't the GOP -- the party of business -- celebrating? After all, those profits are coming not from revenue growth -- which would benefit workers and executives -- but from cost cutting. Continue reading Record Corporate Profits Are Coming Out of Workers' Hides Record Corporate Profits Are Coming Out of Workers' Hides originally appeared on DailyFinance on Tue, 23 Nov 2010 15:20:00. Filed Under: Columns , Economy , Earnings Permalink | Tweet this! | Comments