A constant conservative charge against President Obama
is that he is inherently anti-business. However, businesses keep defying the
storyline by making larger and larger profits, rebounding nicely out of the
Great Recession.
In the third quarter of this year, “corporate earnings were $1.75 trillion, up 18.6% from a
year ago.” Corporations are currently making more as a percentage of the economy
than they ever have since such records were kept. But at the same time, wages as
a percentage of the economy are at an all-time low
Millwright Ron
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