In response to:

Surprise: U.S. Corporations Pulling Back Investments

D G Wrote: Nov 19, 2012 11:55 AM
Here is some basic knowledge, but don't expect any Lib Trolls to figure this out. Companies prepare budgets in the final quarter of each year for the next year. We are now in the 4th quarter of 2012, and companies are preparing budgets for 2013. (Congress should follow the example, but that is another situation.) Companies must always make assumptions about the economy and about government policies while preparing the budget. Presently, it is challenging to make assumptions regarding such things. What will the corporate budget analysts assume regarding the 2013 economy and government policies? ..... The answer is they will assume the worst case, and plan accordingly. .... The worst case scenario is dismal for 2013.
D G Wrote: Nov 19, 2012 11:57 AM
Accordingly, companies are planning for a bad year. They are cutting jobs and scaling back plans for capital expenditures.

The companies are hunkering down because government is failing under Obama's "leadership".
Marc_H Wrote: Nov 19, 2012 11:59 AM
half of the people in the country want this POS as POTUS
D G Wrote: Nov 19, 2012 12:02 PM
Suppose, Congress and the Administration actually do get an agreement about the Fiscal Cliff in the final week of September.

It will be too late.

Company budgets will have been completed already. It will be a business plan assuming a bad year.

D G Wrote: Nov 19, 2012 12:02 PM


Not September.

Curtis108 Wrote: Nov 19, 2012 12:36 PM
But if by some miracle, it outlook changes, corporations can adjust.

I'm not expecting it, but it might happen. (Pigs will fly if you apply enough thrust...)
Dan369 Wrote: Nov 19, 2012 12:37 PM
No, unfortunately only slightly more than half the actual voters (plus those he got through fraud) wanted him. Total voter turn-out was down from 2008.

Everyone knows by the now there is a fiscal cliff looming and everyone knows President Obama wants to raise taxes on "millionaires and billionaires," which is actually anyone making more than $250,000 per year. With the recent talk from Obama, saying there is no way he will budge on a tax increase for the country's "rich," corporations are naturally pulling back their investments and cutting workers.

U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.

Half of the nation's 40 biggest publicly...