http://www.businessinsider.com/corporate-profits-hit-new-record-high-2012-11
Where are the jobs and wages if profits are so good. Didn't the republicans say that if corporations are profitable that will create more jobs?
GuzziJohn
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Enter a couple points:
The people who do hire thousands have already told Obama & Co that they cannot/will not hire until they know what the ramifications will be.
Can these potential employers project their costs for the next couple years?
What if as Obama wants, the "cap & trade" fiasco is adopted? Costs will rise and most of it must be passed to the consumer....so sales may decline and new employees would not be needed.
Will these potential employers face new, much increased taxes? ..If Obama has his way, it will happen.
If as many new taxes develop as the liberals want, corporations must decide if they are staying in the U.S. Why hire, if you may in a few months, have to fire all these people?
If the libs get as much a slice as they want of inherited wealth, these folks may have to move elsewhere, just to save their hard earned savings for their children.
If most their earnings are to be confiscated..why bother working so hard?
Why invest in an economy which is in a downward death spiral? Were I in their shoes, I might consider investing in Australia or New Zealand. I might even invest heavily in Brazil, George Soros is doing that..
Why put any investment in an effort which may be completely shot down with the stroke of a pen, by some Eco-Freak in the EPA?
Why invest in any effort which may at any time be taken over by the government?
To hire new employees, one must have new production lines set up..why set up new companies in the country that has the highest corporate taxes in the world? ..DUH!