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To: grobdriver

Corporations earnings are at an all-time high (in dollar value). That’s why the market is doing well at the moment.

Now, the question can be asked: why are corporations’ earnings so high? Is any of it due to government bailouts, stimulus, loans, etc? Some of it, yes. Much of it because the companies are still running very lean labor-wise and productivity is way,way up. They have learned to make do with much less. That leads to profits. Also, many of the MNC’s are making and selling products overseas.

The economy IS growing—very slowly, despite Obama’s best efforts to kill it. Of course, most of his Obamacare provisions have yet to go into effect, so we’ll have to see.


33 posted on 01/30/2013 6:09:22 AM PST by Choose Ye This Day (There's no shame in attacking a criminal's bean bag. -- Ron Swanson)
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To: Choose Ye This Day
Well thanks for that.
Perhaps it's time to dip my toes back in - partially - and see where this takes us.
34 posted on 01/30/2013 7:13:28 AM PST by grobdriver (Sic semper tyrannis!)
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