The Daily Kos features a graph showing industry growth under the last three presidents – Clinton, Bush and Obama. And according to their figures, Obama seems to be the most ‘pro-business-growth’ president among the three. But don’t tell this to Koch Brothers, who earlier this week called the president, the most anti-corporate president ever. Charles Koch went on to say;
“He’s the most radical president we’ve ever had as a nation, and has done more damage to the free enterprise system and long-term prosperity than any president we’ve ever had. His father was a hard-core economic socialist in Kenya, Obama didn’t really interact with his father face-to-face very much, but was apparently from what I read a great admirer of his father’s points of view. So he had sort of antibusiness, anti-free enterprise influences affecting him almost all his life. It just shows you what a person with a silver tongue can achieve.”
Well if President Obama is doing so much damage to America’s free enterprise system, then why are U.S. businesses showing more profit than ever? The Huffington Post had this report;
U.S. corporate profits hit an all-time high at the end of 2010, with financial firms showing some of the biggest gains, data from the federal Bureau of Economic Analysis show. Corporations reported an annualized $1.68 trillion in profit in the fourth quarter. The previous record, without being adjusted for inflation, was $1.65 trillion in the third quarter of 2006.
Michele Bachmann, a potential Republican presidential candidate chimed in with this piece of wisdom;
I think that the agenda that we have seen – we know that sixty-three percent of all households have seen a major decline in their personal wealth, a decline in their personal income, and an increase in their debt level. That’s all attributable directly to Barack Obama’s principles. I don’t think it’s by accident we’re seeing people struggling and we’re seeing redistribution of wealth. I think Barack Obama is getting exactly the outcome that he hoped for.
If you listen to these billionaire cry-babies, you’ll realize the magnitude of their greed. For no matter how many profit records are broken because of the economic policies of this administration, the Koch brothers and the Republican party will continue calling President Obama a marxist, socialist, communist, who hates corporations and is actively redistributing wealth from the rich to the poor. The facts however, says otherwise.