Here's What's Really Happened To The Private Sector Under Obama (Business Insider)
http://www.businessinsider.com/the-private-sector-and-the-public-sector-under-obama-2012-6First, here are corporate profits after tax. They've gone parabolic and never been higher.
. . .
And if you look at corporate profits as a share of total GDP, we're at another brand new record.
. . .
In addition to corporations, landlords are doing amazingly. Look what's happening with rental income!
. . .
And if you look at equipment and software investment, that's at all-time highs.
Read more: http://www.businessinsider.com/the-private-sector-and-the-public-sector-under-obama-2012-6#ixzz1xIrMmsqM
liberal N proud
(60,352 posts)Most corporations are just forcing the people who work for them to do more.
Cal33
(7,018 posts)a $million a year should have their tax-deductions begun by G.W. Bush in 2002
removed, and that they should start paying the same percentage of taxes as
the middle-classes do. Each time the wealthy ones protested, Obama has timidly
backed down. This is sheer madness. The wealthy not only make more money
at the expense of the middle-class, but they are also doing their level best to
destroy the middle-class. And they have been quite successful thus far.
This looks like a death-wish on the part of the middle-classes, doesn't it?
Obama has been talking tougher since he began campaigning for a second term.
I hope it's not only campaign rhetoric. If he backs down again this time, it's death
for the middle-classes.
Savannahmann
(3,891 posts)Why aren't our leaders trumpeting this from the mountain tops?
SoutherDem
(2,307 posts)Why are they giving so much to elect Dumney and get rid of Obama.