In response to:

Surprise: U.S. Corporations Pulling Back Investments

Jeff39 Wrote: Nov 19, 2012 1:00 PM
It's a shame you don't know how business works. We have let our elected officials run these companies out of this country. Our government officials are just as corrupt as anywhere else in the world so that's not what it is. If you owned a company would you pay the huge taxes here or would you look for a more favorable place to do business? I don't think you'd be so sanctimonious then. I'd suggest you do a little research on your own and don't just take what the talking heads over at MSNBC say as your only source of reference.

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...