U.S. corporations’ after-tax profits have grown by 171 percent under Obama | Page 2 | TigerDroppings.com
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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1092 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama

quote:

Corporations are in many ways the antithesis to free markets. Without governmental protection, these corporations would never be able to grow to the size they are now.


Well, there is a fine line/ equilibrium that has to be maintained. Without any government protection the greed of individuals will lead to monopolies.


Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1092 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

Also, an assault rifle ban would literally put some companies out of business


And just as many companies would start right back up in its place. Or other companies profits/demands would rise to the occasion.


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AUsteriskPride
Auburn Fan
Hunstville, AL
Member since Feb 2011
11448 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:



Well, there is a fine line/ equilibrium that has to be maintained. Without any government protection the greed of individuals will lead to monopolies.


A monopoly cannot exist without the government! Point blank.. What we have now - banks too big too fail, 2 major airline manufactures, GE - are all as close to a monopoly as we've ever had.

Even then, a monopoly can only set the price to a point where others can enter the market - thus eliminating all the "scary" stuff a monopoly brings. But as it is now, we are forced to do business with monopolies because of laws and regulations. Also, through patent laws, large corporations can buy up smaller competitors and sit on the competing technology - forming a monopoly through government protection.
This post was edited on 1/17 at 5:43 pm


Archie Bengal Bunker
Florida State Fan
Member since Jun 2008
15517 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
This is why corporate taxes need to be lowered. So companies will start hiring people.


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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1092 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
More food for thought: we see what corporate profits have done under Obama, lets take a look into where they were when he took office...

LINK

They were in the tank when he took office. I will repeat my self. Obama is definitely the best Republican president we've had in ages.



HempHead
Alabama Fan
Appalachia
Member since Mar 2011
18278 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

Without any government protection the greed of individuals will lead to monopolies.


That's some hard-hitting economic analysis there.

Can you name any monopolies that were not, in some form or fashion, granted privilege by a government?


AUsteriskPride
Auburn Fan
Hunstville, AL
Member since Feb 2011
11448 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:



They were in the tank when he took office. I will repeat my self. Obama is definitely the best Republican president we've had in ages.


Ok, you're trolling now for sure.


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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
18278 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

I will repeat my self. Obama is definitely the best Republican president we've had in ages.


I was unaware that corporate profits had anything to do with the party of the current executive, especially when trying to describe the policies of the administration.


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Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1092 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
Look into Teddy Roosevelt's Presidency. He fought his arse off to put the laws on the books that at least somewhat safeguard the American public from Monopolies. There were some major monopolies in the late 1800s and early 1900s.


HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
18043 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
Do you know why their profits are growing, Something? Hint: It has very little to do with this "improving economy" lie you have bought into.


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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
18278 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

There were some major monopolies in the late 1800s and early 1900s.



And they arrived at these positions with no protection from government at all, right?


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HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
18043 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

Look into Teddy Roosevelt's Presidency. He fought his arse off to put the laws on the books that at least somewhat safeguard the American public from Monopolies. There were some major monopolies in the late 1800s and early 1900s.


Every. Single. Monopoly. Is. Caused. By. Government.

It is not hard to understand.


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AUsteriskPride
Auburn Fan
Hunstville, AL
Member since Feb 2011
11448 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:



Can you name any monopolies that were not, in some form or fashion, granted privilege by a government?


I'm sure he'll say railroads and oil.. Those are the favorites for the monopoly doomsayers.. Somehow they forget the vast amount of public lands handed over to these companies at little to no cost by the government.
This post was edited on 1/17 at 5:47 pm


CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46762 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

and more than 50 percent greater than during the late-1990s Internet boom, measured by the size of the economy.


So a shrinking economy makes profits bigger and a shrinkng workforce makes corporations leaner. No end to what can happen with Obma magic.

a 1% to 2.71% profit margin would be a 171% increase in profits.


HailHailtoMichigan!
Michigan Fan
Coto de Caza, CA
Member since Mar 2012
18043 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

a 1% to 2.71% profit margin would be a 171% increase in profits.

And that is the thread.


Something over there
Arkansas Fan
Fayetteville, AR
Member since Mar 2012
1092 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

I'm sure he'll say railroads and oil.. Those are the favorites for the monopoly doomsayers.. Somehow they forget the vast amount of public lands handed over to these companies at little to no cost by the government.


Kerosene in the 1800's costs many people their lives. Electricity was monopolized at one point and eventually partially broken up by the government. Steel was monopolized. all of the owners of these monopolies fought the government, in more ways than one. For years they were essentially allowed to elect their own government officials. They tried to bury TR as a vice president because he wanted to regulate some of the bad business practices of the day. McKinley was shot and TR went on to be one of the most liked presidents in history while bettering working conditions for every US citizen.

Its not just monopolies that hurt the economy, its bad business practices in general. Working conditions,layoffs, stagnate wages, are all things many corporations will/would happily resort to to increase profits if not forced to do otherwise.
This post was edited on 1/17 at 6:07 pm


wickowick
LSU Fan
Head of Island
Member since Dec 2006
26796 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

stagnate wages, are all things many corporations will/would happily resort to if not forced to do otherwise.


Well that's one way to look at it...


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WildTchoupitoulas
"Tombstone"
Member since Jan 2010
18443 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
quote:

Somehow they forget the vast amount of public lands handed over to these companies at little to no cost by the government.

As did Ayn Rand in Atlas Shrugged.


mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
Does the advent of corporate personhood have a place in this thread?


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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
7804 posts

re: U.S. corporations’ after-tax profits have grown by 171 percent under Obama
And Carrolton hits it out of the park!


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