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I Don’t Know What Else to Say

27 Oct

Except that the republican, conservative crazy people won’t accept this.

They don’t do numbers that don’t match up with what’s in their minds right now.

Obama bad.    ————-    Bush good

 

‘Anti-Business’ Obama Is Best President For Corporate Profits Since 1900

By Pat Garofalo posted from ThinkProgress Economyon Oct 26, 2012 at 3:28 pm

Since he came into office, Republicans have consistently attacked President Obama for supposedly being anti-business. As ThinkProgress noted last week, the data shows that this charge is nonsense.

In fact, as the financial website Motley Fool noted today, President Obama is far and away the best president for corporate profits since 1900:

 

Even if corporate profits under Obama are compared to the 2008 peak — in order to erase the effect of the financial crisis — “average annual corporate profit growth under President Obama is 6.8%,” or nearly three times as large as it was under President Reagan. Both Presidents Bush actually oversaw corporate profit declines during their terms. Meanwhile, real GDP growth per capita is far higher under Obama than it was under either Bush administration.

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1 Comment

Posted by on October 27, 2012 in Economy, Education, Environment, foreign affairs, Health, Politics

 

One response to “I Don’t Know What Else to Say

  1. toph

    October 29, 2012 at 11:30 pm

    now if you had the same results, but the prez was McCain, you would hear the likes of Hannity touting:
    1) Record corporate profits
    2) The recovery of the stock market
    3) Private sector job growth
    4) Public sector job reduction

    They would be screaming “stay the course!” in the election

     

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