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  • Obama: Corporate profits must be 'shared with workers'

    02/08/2011 2:36:30 AM PST · by Scanian · 78 replies · 1+ views
    The American Thinker Blog ^ | February 08, 2011 | Rick Moran
    Nothing wrong with profit sharing - as long as it's a private transaction either between an employee and the company or the union and the industry. But Obama's not concerned about that kind of setup. In fact, he makes it sound as if government would have a role in enforcing such profit sharing (video at RealClearPolitics link) "'If we're fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift...