In response to:

Surprise: U.S. Corporations Pulling Back Investments

RodT Wrote: Nov 19, 2012 1:08 PM
Sorry, it wasn't the American public, it was Congress and the administration. But to pay their friends for their bad choices, some of that were mandated by Congress, they had to borrow the money from China. The 50% still paying taxes will have to pay it back, if the country survives from the likes of your stupid ideology. The more free stuff crowd.

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...