Originally Posted By: Somethingsmellsf
BREAKING NEWS
U.S. Fell 2% in January on Defense Cutbacks
Corporate Profits Soar as Executives Attack Obama Policy

U.S. corporations’ after-tax profits have grown by 171 percent under Obama, more than under any president since World War II, and are now at their highest level relative to the size of the economy since the government began keeping records in 1947, according to data compiled by Bloomberg.

Profits are more than twice as high as their peak during President Ronald Reagan’s administration and more than 50 percent greater than during the late-1990s Internet boom, measured by the size of the economy.

http://www.bloomberg.com/news/2013-01-17...ama-policy.html



Fishy grin



Companies have reduced their workforce and gotten rid of the dead wood so of course less workers being more efficient means more profits plus the fact that inventory levels have been reduced meaning instead of cash being tied up in inventory it is being held as cash. Lots of items we used to get next day are now a 2 week lead time.
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