In response to:

Surprise: U.S. Corporations Pulling Back Investments

Jim Weber Wrote: Nov 19, 2012 2:51 PM
Node, what don't you understand about global competition and the effect of Corporate Taxation? You are so out of your depth, yet too ignorant to understand. Why is it that most of the Corporations around the world enjoy lower Corporate tax rates? Why is that? You have never studied Price Theory either, I wager.

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...