In response to:

Surprise: U.S. Corporations Pulling Back Investments

Jeff39 Wrote: Nov 19, 2012 1:04 PM
I just hope all you Hope and Change people realize what this will mean for all of you too. Your great leader said it well when he said elections have consequences. Now you're going to see that play itself out in the REAL world and we all will suffer from your ignorance. I'm not looking forward to your "change".

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...