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2016 Postmortem
Related: About this forum"Anti-Business" Obama Is the Best President for Corporate Profits Since 1900
http://thinkprogress.org/economy/2012/10/26/1097301/anti-business-obama-is-is-best-president-for-corporate-profits-since-1900/Since he came into office, Republicans have consistently attacked President Obama for supposedly being anti-business. As ThinkProgress noted last week, the data shows that this charge is nonsense.
In fact, as the financial website Motley Fool noted today, President Obama is far and away the best president for corporate profits since 1900:
Even if corporate profits under Obama are compared to the 2008 peak in order to erase the effect of the financial crisis average annual corporate profit growth under President Obama is 6.8%, or nearly three times as large as it was under President Reagan. Both Presidents Bush actually oversaw corporate profit declines during their terms. Meanwhile, real GDP growth per capita is far higher under Obama than it was under either Bush administration.
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"Anti-Business" Obama Is the Best President for Corporate Profits Since 1900 (Original Post)
amborin
Oct 2012
OP
And that is the sad reality -- Obama is a Blue Dog President but we have to accept it
boingboinh
Oct 2012
#3
GeorgeGist
(25,322 posts)1. Is this Good ...
For the average American?
Turbineguy
(37,361 posts)2. Shhhhh!
don't let the wingnuts know this. Not that they'd believe you anyway.
boingboinh
(290 posts)3. And that is the sad reality -- Obama is a Blue Dog President but we have to accept it
People here are in denial that Obama is anything but a center-right on most issues. Yes he does lean center-left on most (not all) social issues but if it involves money (and that includes military contracts) or other republican preferences he categorically leans right. In many respects that means he is a Blue Dog democrat.
Sadly, the left is continuing to move right, forming a new norm of what is called left and many people including on DU have forgotten about what Left really means.
Wounded Bear
(58,685 posts)4. QFT........nt
Hopefully, in a second term, his inner "socialist" will emerge....
I know, not much hope of that, but a guy can dream, right?