As John said in a column 2 or 3 days ago, corporations will simply move out of the country to get away from Obama's destructive economic policies. A case in point is Eaton Corporation. This manufacturing company has restructered, and now it will be an Irish company instead of a US corporation. Ireland's corporate tax rate is 12% instead of USA's 35%. It has been reported that the company will save $160 million per year with this change.
Thank the progressive-liberal-Democrats for sending US jobs and US capital overseas.