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Too many regulations for profiability
Other Topics, posted by anonymous, a resident of the Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle neighborhood, on Nov 24, 2010 at 1:44 pm

We all know that, correct? It's a BRUTAL anti-business atmosphere. Conventional wisdom all says it, like President Obama is bad for business.

Except...

"American businesses earned profits at an annual rate of $1.66 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago, at least in nominal or non-inflation-adjusted terms.

Corporate profits have been going gangbusters for a while. Since their cyclical low in the fourth quarter of 2008, profits have grown for seven consecutive quarters, at some of the fastest rates in history."

Web Link

Odd, that.

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Posted by anonymous, a resident of the Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle neighborhood, on Nov 24, 2010 at 1:45 pm

Okay, not ENOUGH regulation to prevent my misspellings: "profitability"

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