Number of Corporations in U.S. Hit Lowest Level Seen in 40 Years: Competition down. Quality down. Consumer prices up. Good news for the corporate cronies, invasive government regulation has worked exactly as planned!
This post was last modified on January 26, 2021
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Obama loves American corporations almost as much as he does the country.
Unless of course they give all their spare cash to Democrats, then like G.E. they are wonderful according to Obama...That is how G.E. Made 14 Billion in profit and paid NO taxes...Leg humping Obama.
Fascism, it's not just for 1930s Germany anymore.
Corporations might operate freely and not listen to or follow the geniuses of the democrat party and DC RINOs. Better to drive them away and be left with only thiose companies the political class can bully into submission. More graft to be had this way.
Excessive taxation, excessive regulation, the implementation of Obamacare, & the costs involving compliance are driving companies away. That is a fact, whether progressive "economists" like Krugman or Reich understand it or admit it does not matter.
Isn't that the plan? If they ramp it up some, we can hit Venezuela or Cuba status before Obama leaves office!
UTOPIA!!