Posted on 03/25/2016 10:57:13 AM PDT by detective
American companies have been squeezed by falling exports, cheaper imports and continued caution on the part of savings-minded consumers. Firms have also incurred higher labor costs.
Adjusted pretax profits sank by 7.8% in the fourth quarter, the Commerce Department said Friday. Profit figures are adjusted for depreciation and the value of inventories.
(Excerpt) Read more at msn.com ...
And the size of government and the national debt is growing out of control.
There will be no one left to pay for all these government programs.
The So called ‘Great Recession’ never ended..........................
[American businesses are in decline.]
No, no, no. We’re in Recovery DDDCCCLLLLXXXXVVVVIIIV.
Haven’t you heard?
You need to listen to more liberal NBC/ABC/CBS/Yahoo, etc.
Vote Hillary to maintain this wonderful economy, comrade!!!
Profits are going to decline. Both Government and their workers are demanding bigger pieces of the pie. All winds are blowing in that direction.
“American companies have been squeezed by falling exports, cheaper imports and continued caution on the part of savings-minded consumers.”
Savings-minded consumers, eh?
More like the wealth-draining effect of obamacare. This is by design to eradicate the middle class. But don’t expect the financial press to acknowledge it.
Obviously they need to offshore more jobs, watch for the big push for TPP. Got to kill this country before this presidential term is over.
Trickle-on economic Ponzi scheme.
Eat your peas...(or is that pee)
...for 99% percent of us, no, it never did. For the top 1% it’s been a grand old time.
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