Barack Obama’s war on free enterprise

From CNN, here’s further evidence proving that socialist Barack Obama has ruined free enterprise in this country and, through overregulation and high taxation, has made it impossible to turn a profit, just as his anti-colonial Marxist father, Saul Alinksy and Emmanuel Goldstein had indoctrinated him to do:

“The Fortune 500 generated a total of $824.5 billion in earnings last year, up 16.4% over 2010. That beats the previous record of $785 billion, set in 2006 during a roaring economy. The 2011 profits are outsized based on two key historical metrics. They represent 7% of total sales, vs. an average of 5.14% over the 58-year history of the Fortune 500. Companies are also garnering exceptional returns on their capital. The 500 achieved a return-on-equity of 14.3%, far above the historical norm of 12%.”

So let’s hear some more whines from Wall Street and the C-level executives about how hard their lives have become and how they feel disrespected, unloved and unappreciated.

The poor creatures, suffering so in this economy….

– Jay Bookman

472 comments Add your comment

JohnnyReb

May 8th, 2012
7:55 am

Who are the employers of the largest number of people? It’s not Fortune 500 companies.

Look no further than the nuts in the Obama administration who wanted to ban children from working on their parents farms to see where we would be today, and where we will go tomorrrow, if Obama is not kept in check.

Mick

May 8th, 2012
7:56 am

The propaganda has been catapaulted, It’s pretty difficult to do a u-turn now…

carlosgvv

May 8th, 2012
7:56 am

The election was hardly over when Mitch McConnell announced that the defeat of Obama was the number one priority of the Republican Party. From that time till now Republicans have made it clear that, no matter what Obama does, they will say whatever it takes to make him look as incompetent as possible. So, this earnings report showing improvement will be distorted by the Republicans to make it look like these poor Big Business people are suffering under Obama. Distortion and lies are a Republican staple and they are masters of it.

CHEVY runs deep!

May 8th, 2012
7:57 am

TaxPayer

May 8th, 2012
8:00 am

And even with these record profits Republicans want to give out more bigger tax cuts to these corporations and the wealthiest and stick the poorest with the bill.

JohnnyReb

May 8th, 2012
8:02 am

Poor little Barry. Everyone is against him. People lie and collude to ensure he fails. It’s like, well, politics.

Recon 0311 2533

May 8th, 2012
8:05 am

Multinationals in the Fortune 500 aren’t investing that much in the domestic market, they’re investing in foreign markets. Over regulation and excessive taxation has caused them to scale back domestic investment. The most important issue is this administrations failure to recognize the importance of the small business sector who are the largest creators of jobs. Nice try Jay but no sale.

kayaker 71

May 8th, 2012
8:08 am

So why are many companies sitting on gazillions of dollars of cash…… why do we still have over 8% in unemployment……. why are more houses under water than at any time in our history….. why is your home worth an average of 15-20% less than when you bought it…… why do we still have gasoline at over $3.50/gal?…. why do we still have millions out of work….. why is our growth percentage at a paltry 1.6%? Hell, if all of these companies are doing so well, why is the average joe six-pack still collecting unemployment? This is the most anti-business, anti-free enterprise and free market president in our history. Just imagine what these companies could do if a Republican is elected in November.

Gotta Love California....

May 8th, 2012
8:09 am

Jay

May 8th, 2012
8:10 am

“Look no further than the nuts in the Obama administration who wanted to ban children from working on their parents farms to see where we would be today, and where we will go tomorrrow, if Obama is not kept in check.”

Actually, JohnnyReb, that’s an EXCELLENT illustration of exactly what’s going on in modern America. Thank you for bringing it up.

The proposed rules in question explicitly exempted kids working on their family’s farm, including farms owned by their grandparents and other relatives. The exemption was ironclad: the rules would not apply in those cases.

They WOULD, however, apply on farms that hired migrant workers younger than 16 handling pesticides, running heavy equipment, etc. And Big Agriculture couldn’t have that.

So conservatives decided to lie about it. They ignored the crystal-clear exemption for family farms and twisted the regulation into an attack on America, a line of argument that you, JohnnyReb, fell for completely, either out of ignorance or because you do not care about the truth. Sarah Palin attacked it on Facebook with the headline “If I Want America To Fail, I’d Ban Kids From Farm Work,” suggesting that the regulation was an act of treason.

So again, thanks for bringing that issue up. It absolutely exemplifies what’s going on in the country.

HDB

May 8th, 2012
8:11 am

JohnnyReb

May 8th, 2012
7:55 am
“Look no further than the nuts in the Obama administration who wanted to ban children from working on their parents farms to see where we would be today, and where we will go tomorrrow, if Obama is not kept in check.”

Excuse me…but there IS such a thing as CHILD LABOR LAWS….and I’ll state your statement as “pants-on-fire”!!

From wiki….

“The main law regulating child labor in the United State is the Fair Labor Standards Act. In general, for non-agricultural jobs, children under 14 may not be employed, children between 14 and 16 may be employed in allowed occupations during limited hours, and children between 16 and 18 may be employed for unlimited hours in non-hazardous occupations. [1] A number of exceptions to these rules exist, such as for employment by parents, newspaper delivery, and child actors. [1] The regulations for agricultural employment are generally more lenient. Children as young as 12 may be employed unlimited hours outside of school hours with parental permission. Children under 16 may not be involved in hazardous tasks.”

Granny Godzilla - Union Thugette

May 8th, 2012
8:12 am

That mean ole’ President Obama!

He’s pooping the Republican Party.

Who invited him anyway???

godless heathen

May 8th, 2012
8:13 am

Numbers just show that Obama is not very good at the things he’s trying to accomplish.

Adam

May 8th, 2012
8:15 am

Thulsa: What have the Rs done? Well what are they supposed to do for people that they can’t do for themselves?

And therein lies the problem. As long as you keep placing blame on minorities by assuming they “can’t” do for themselves and that all the Democrats want to do is “give them freebies” or however you want to put it, you will not get a majority of their vote. Because you are blaming them for all the ills of society when they do not believe they are (and rightly so on their part). And then you post:

Rs allow for the same basic safety nets as the Ds do- food stamps, medicaid, The earned income tax credit, etc.

No, they don’t. They have passed legislation to cut every single one of those things, and the only thing in their way? Democrats. Democrats who won’t bring stuff like that up for a vote or a Democrat President that will veto such nonsense.

And no, you do not get to go “race card” and sweep this issue under the rug just because you feel offended that I would call you out on a pre-conceived idea of who is responsible for the problems of the poor and so on. When you suggest DIRECTLY that Rs aren’t supposed to help people, in response to a question about race relations, you are already talking about race.

And note, I didn’t call you any names, much less “racist.” You simply immediately think of poor people and “those who can’t do for themselves” when I ask you what have Rs done to improve race relations, while ignoring every other issue that exists for a regular American. You separate out the issues that YOU are concerned with assuming black people and other minorities don’t have those same concerns. And you call Democrats divisive…..

Mick

May 8th, 2012
8:16 am

**So why are many companies sitting on gazillions of dollars of cash…… why do we still have over 8% in unemployment……. why are more houses under water than at any time in our history….. why is your home worth an average of 15-20% less than when you bought it…… why do we still have gasoline at over $3.50/gal?…. why do we still have millions out of work….. why is our growth percentage at a paltry 1.6%? **

Collective amnesia proposed by the republican party – all that you mention was bequeathed to us by the previous administration and repub congress that was finally booted out in jan 07…

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:16 am

the last big moment of integrity for the Republican Party came when Sen. John McCain challenged an older white woman who called Barack Obama an “Arab” at an October 2008 campaign event. “No ma’am,” he told her wearily. “He’s a decent family man [and] citizen that I just happen to have disagreements with on fundamental issues and that’s what this campaign’s all about. He’s not [an Arab].”

Since then, Republicans from Sarah Palin to John Boehner to Rick Santorum have had chances to slap down party members’ false and ugly allegations about the president, from his birthplace to his religion to his loyalty to the U.S., and they all failed. Mitt Romney had his moment Monday, when a woman at a town hall event said Obama should be “tried for treason,” and he failed too.

how true

http://www.salon.com/2012/05/07/romneys_moment_of_cowardice/

Peadawg

May 8th, 2012
8:17 am

“Hell, if all of these companies are doing so well, why is the average joe six-pack still collecting unemployment”

That seems like a question for the greedy businesses sitting on record profits.

kayaker 71

May 8th, 2012
8:18 am

Do you really think that the average person who owns a farm and has kids would allow their kids to put themselves into harm’s way regarding tasks that they perform on the farm? Why does the government think that it is their responsibility to pass laws regarding children of farmers and what they can be expected to do to help support the family? Government needs to keep their grimy paws off of some aspects of our lives and this is a gold plated example.

JohnnyReb

May 8th, 2012
8:18 am

Jay, if the regulation was as righteous as you state, why did the administration back away from it so quick?

BTW, you are starting to write as if Obama is a victim instead of being undone by his own failings.

HDB

May 8th, 2012
8:19 am

Slightly off-topic…..but appropriate!!

The GOP isn’t gooing to like THIS!!

U.S. to run first surplus since 2008: CBO
Surplus is first of Obama’s presidency

WASHINGTON (MarketWatch) — The U.S. government recorded a budget surplus of $58 billion in April, the Congressional Budget Office estimated on Monday, breaking a streak of deficits that began in 2008.

The surplus — the first of Barack Obama’s presidency — was the result of both increased tax collection and lower government spending. Before April, the government had not run a surplus since September 2008, the month that the financial crisis struck the U.S. economy. Read CBO report.

The CBO’s estimate is released before the Treasury Department’s monthly budget report. That report is scheduled for later this week.

CBO estimated that receipts were $30 billion higher in April than the same month a year ago, due to declining refunds that month and higher corporate income tax receipts. Spending fell by $69 billion compared to April 2011, marked by lower outlays on defense, Medicaid and the Postal Service.

Government spending and deficits are shaping up to be a main issue in the presidential campaign, and the monthly surplus is a piece of good news for Obama. Read more about Election 2012.

For the first seven months of the fiscal year, the CBO estimates that the Treasury will notch a deficit of $721 billion. That’s $149 billion less than the red ink reported for the same period in fiscal 2011.

http://www.marketwatch.com/story/us-to-run-first-surplus-since-2008-cbo-2012-05-07?reflink=MW_news_stmp

TaxPayer

May 8th, 2012
8:19 am

Of the 2.2 trillion dollars collected in federal revenues in 2010, only 191 billion was from corporate income tax. Meanwhile, Apple, for example sits on over 100 billion in cash and has decided to start doling out some of it to shareholders since they couldn’t find anything more worthy to invest it in. In start contrast to the amount of income taxes collected from corporations, 865 billion in payroll taxes was collected in 2010. In short, corporation paid 8 percent of the federal revenues yet Republicans still claim that these corporations pay too much in taxes and are overregulated and are just barely scraping by… :lol:

ty webb

May 8th, 2012
8:19 am

Way to go “Party of No’!

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:19 am

why are many companies sitting on gazillions of dollars of cash (because consumers aren’t buying so there is no need to invest in new equipment and personnel yet)

…… why do we still have over 8% in unemployment…(see answer above)

…. why are more houses under water than at any time in our history…(predatory lending practices by banks)

.. why is your home worth an average of 15-20% less than when you bought it…(housing bubble – the house was never actually worth what you bought it for)

… why do we still have gasoline at over $3.50/gal?…(speculation – completely)

. why do we still have millions out of work…(see answer above).

. why is our growth percentage at a paltry 1.6%? (consumers aren’t consuming)

Jay

May 8th, 2012
8:20 am

Why does the government think that it is their responsibility to pass laws regarding children of farmers and what they can be expected to do to help support the family?

Again, kayaker, no such laws or rules were proposed. You have been lied to again, and once again you don’t care that you’ve been lied to as long as these lies validate your world view.

ty webb

May 8th, 2012
8:21 am

…wait, is Obama getting blame or credit here, Jay?

JamVet

May 8th, 2012
8:23 am

Reb,

Thanks for providing an unwitting service for the rest of us.

You and your veracity challenged pals in the GOP – from Sarah Palin on down to schmoe bloggers – completely misstate the facts, someone else with some intellectual honesty corrects them and we the viewing public profit from the true information!

Kudos!

Adam

May 8th, 2012
8:25 am

was the result of both increased tax collection and lower government spending

As it should be.

Jay

May 8th, 2012
8:25 am

They should not have backed away, JohnnyReb. They simply lost the propaganda war.

Now, go research the issue and see if I’m right. Go ahead and confirm that you’ve been lied to, just in case it might make you a little less susceptible to being manipulated the same way in the future.

Jm

May 8th, 2012
8:27 am

“free enterprise” isn’t very free anymore

Regs and taxes out the wazoo

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:28 am

a little less susceptible to being manipulated the same way in the future.

Jay, I think they get pleasure from it – “lie to me, baby, tell me more lies”

USinUK

May 8th, 2012
8:28 am

TOTALLY off topic, but …

WAY TO GO GOVERNMENT EMPLOYEES!!! well done, intelligence community on stopping the latest bomb plot!!!

USinUK

May 8th, 2012
8:30 am

“CBO estimated that receipts were $30 billion higher in April than the same month a year ago, due to declining refunds that month and higher corporate income tax receipts. ”

FWIW, I’d gladly forego the surplus if corporations would just start blinkin’ HIRING rather than sit on profits

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:30 am

Jm, regs, again?

You might want to look at each of these regs (can you name one??), look at the bad side as well as the good, and determine for yourself if the reg is worth keeping.

Jm

May 8th, 2012
8:30 am

More dubious metrics from Jay

The fortune 500 is not the entire business universe

Please go find total business profits as a % of GDP and then we can discuss

Adam

May 8th, 2012
8:31 am

“free enterprise” isn’t very free anymore

It never was. Capitalism is unsustainable without laws, rules, and regulations. It would collapse under its own weight, favoring only the most cutthroat, without those controls. As such it has never been truly “free.”

Peadawg

May 8th, 2012
8:31 am

“Regs and taxes out the wazoo”

Yet record profits.

Hhhhmmmmmm…….

godless heathen

May 8th, 2012
8:32 am

“That seems like a question for the greedy businesses sitting on record profits.”

It is not the purpose of “greedy” corporations to give Joe Six Pack a job. They are making record profits because they are not paying a bunch of workers that they obviously don’t need.

JohnnyReb

May 8th, 2012
8:32 am

OK Jay, I’ll do that, but it won’t be immediate. I do work between blogging, believe it or not.

While I’m doing my research, how about telling us either now or later of one or more regulations from the Obama administration that are designed to actually benefit the small business person. You know, make life easier for him/her, pay less taxes, employ more people for less and without the heavy hand of government, etc? Help him/her keep more of their hard earned dollar and not end up paying over 1/4 of their AGI in taxes.

JamVet

May 8th, 2012
8:32 am

It has truly gotten to the point that pretty much anything that these Republicans post here anymore is going to be either, a) factually incorrect, or b) sophist opining based on slogans and bumper stickers. (See the 8:27)

And sometimes, when we are really lucky, we can even get both in one post!

kayaker 71

May 8th, 2012
8:32 am

Bookman, 8:20,

My “world view” states that in most aspects of our lives, the government thinks it knows what is best for it’s citizens and tries, at every turn, to pass more laws to regulate most everything short of taking a dump. Seen the new cartoon series on Bozo’s website? There’s this little cartoon character named Julia. From womb to tomb, she is supported by some kind of government program that allows her to “be happy” and “make the most out of life”. It is implied that without the all knowing, all caring government, she would be….. (at a whisper), on her own. And we can’t have that, now can we? This is Bozo’s “world view” and it stinks to high heaven. America does not, by and large, want that much government in their lives. Most, except liberals, view this as intrusion. America didn’t become what it is by having an efficient, responsible government. It became what it is through the sweat and hard work of it’s citizens….. they have succeeded, and continue to succeed, despite Bozo and his “support”.

TaxPayer

May 8th, 2012
8:32 am

The Republican party leaders are not looking to subject their own kids to dangerous conditions. They just want to make sure that other kids are given the freedom to subject themselves to those dangerous situations. And do it for less than minimum wage, of course. Then, Republicans will have even more people to complain about no paying federal taxes since these minimum wage children surely will not earn enough to reach a threshold where federal taxes would apply, only payroll taxes.

Adam

May 8th, 2012
8:32 am

USinUK: FWIW, I’d gladly forego the surplus if corporations would just start blinkin’ HIRING rather than sit on profits

Frankly, companies HAVE been hiring. Quite a bit, actually. The thing is that they aren’t hiring past their need. The problem? We didn’t stimulate the economy enough early enough to be having this same conversation two years ago and a very different, and much more positive one, today.

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:33 am

Good point, Adam. Without regs, there is no free enterprise. Without regs all you have left is market manipulation, scams, and cheating by whoever has the lowest level of ethics.

Is that the kind of free enterprise you folks want?

USinUK

May 8th, 2012
8:34 am

“ow about telling us either now or later of one or more regulations from the Obama administration that are designed to actually benefit the small business person. You know, make life easier for him/her, pay less taxes, employ more people for less and without the heavy hand of government, etc? Help him/her keep more of their hard earned dollar and not end up paying over 1/4 of their AGI in taxes.”

oy to the vey … how about naming regulations from the GOP predecessors that did that???

Adam

May 8th, 2012
8:34 am

godless: They are making record profits because they are not paying a bunch of workers that they obviously don’t need.

They need more workers than they think they do. It is not possible for a worker to do the work of 5 people for a super long period of time. I guess if you’re comfortable with lots of turnover (RB certainly seems to like that concept) then you would be fine just turning over your work-for-5-people employee every time you burn that person out.

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:35 am

You know, make life easier for him/her, pay less taxes, employ more people for less and without the heavy hand of government, etc?

So you want government to be a charity? Johnny Reb? Doesn’t matter if the small business is run well and has a product consumers want – let’s just use tax dollars and regulations to prop them up?

USinUK

May 8th, 2012
8:36 am

Adam – I know we’re on the same side politically, but I disagree with your 8:32 – ask anyone who works for these companies how many people’s jobs they’re doing … they’ll tell you they’re desperate to bring new people on to ease the pressure …

companies CAN hire – they SHOULD hire – they’re just NOT so that the CEOs can get big-ass bonuses rather than invest in the company

Adam

May 8th, 2012
8:37 am

kayaker: There’s this little cartoon character named Julia. From womb to tomb, she is supported by some kind of government program that allows her to “be happy” and “make the most out of life”. It is implied that without the all knowing, all caring government, she would be….. (at a whisper), on her own. And we can’t have that, now can we?

It is absolutely idiotic to think that the Julia scenario is somehow “new.” What is fascinating is despite the “forward” message, the Julia scenario does nothing more than maintain current government programs, many of which have been in place since the 60s or earlier. I challenge you to show me how you have made it all on your own, with no government assistance and no help from anyone. Go ahead, I’ll wait.

Jay

May 8th, 2012
8:37 am

Don’t try to change the subject, kayaker.

You’ve been lied to. You have tried to repeat that lie here. Doesn’t that bother you in the slightest? Doesn’t it bother you that people you apparently trust have played you for a fool?

carlosgvv

May 8th, 2012
8:38 am

Kayaker 71 – 8:08

When this recession started, companies immediately began to lay off large numbers of workers. As business slowly started to improve, they did not start hiring but just gave more work to their existing employees. As much as is possible, companies will keep piling more and more work on their existing employees. There will be no paid overtime, but most workers will have to work many overtime hours just to keep up with the workload. No worker will dare quit because of the high unemployment rate.

I worked in corporate America for many years and saw my share of recessions. I know what companies do in these recessions and this one is no exception. Over the years I worked countless unpaid overtime hours just to keep up with the workload knowing that if I didn’t, they would not hesitate to terminate me.

I don’t have to imagine what corporations will do if more Republicans are elected. They will push for less and less business regulations so they can pollute the air and water even more. They will also turn out more sub-standard foods, drugs, and other products with less regulation to worry about. Their bought and paid for Republicans will gladly do nothing about this in return for generous campaign contributions.

Jay

May 8th, 2012
8:39 am

Instead, kayaker blithely shrugs off the last lie and proceeds to spread the next one.

Repeat, ad infinitum.

Finn McCool (The System Isn't Broken; It's Fixed ~ from an Occupy sign)

May 8th, 2012
8:39 am

Regulations aren’t meant to “make life easier” for a few. Regulations are meant to make sure everyone competing is playing on a flat playing field and by the rules of the land – Company A decides to get ahead of rivals by dumping its chemical waste in rivers. So, it get’s fined for dumping as opposed to handling it by the books. Company B and C are playing by the books so they don’t get fined.

USinUK

May 8th, 2012
8:41 am

carlos – 8:38 – that is EXACTLY my point to Adam

JamVet

May 8th, 2012
8:41 am

Let’s not forget the flip side of record corporate profits – to the tune of $1,659,000,000,000.00 in 2010.

Record criminality. Along with record avoidance of containing it.

As the GOP guppies work against their own incomes, families and communities and slavishly – in the best tradition of blind trickle downers – enable the plutocrats to do that very thing to them??!!!

This, pretty much says it all…

http://tinyurl.com/clz9rxf

stevie ray..Clowns to the Left and Jokers to the Right..here I am...

May 8th, 2012
8:41 am

JAY,

Why don’t you present the other half truth? Such as no growth and profits inflated from hesitancy to reinvest? You column is like suggesting high scoring offense is successful despite losing record.

USNUK,

Companies should not hire in time of uncertainty. Stockpiling profits until HCare and recession issues more clarified good business. The big-assed bonuses are, not unlike the impact of raising taxes on those evil 1%’ers, only a drop in the bucket relatively speaking. Why should they hire? Where is duty owed?

USinUK

May 8th, 2012
8:42 am

“Company A decides to get ahead of rivals by dumping its chemical waste in rivers”

noooooooooooooo!

I’m sure that would NEVER happen in ‘Murica!

Regulation BAAAAAAD … Free Ennerprise GOOOOOD

JohnnyReb

May 8th, 2012
8:42 am

Finn – you are way over the top with the regulation thing. NO one is for ruining the Earth.

Try defending the ADA law. Every business has to comply with it costing billions, yet many of those businesses never, and I mean never, see a disabled person. Much less sell to one or hire one.

Jm

May 8th, 2012
8:43 am

Kay 8:32 amen brother

josef

May 8th, 2012
8:44 am

L-rd, Imam, you’re in a more foul a mood than I was in last night…

Lied to, though, since when did anybody expect anything else from the powers-that-be, whoever they are at whatever time? This is news? This is their stock in trade.

USinUK

May 8th, 2012
8:45 am

“The big-assed bonuses are, not unlike the impact of raising taxes on those evil 1%’ers, only a drop in the bucket relatively speaking. Why should they hire? Where is duty owed?”

Paradox of Thrift –

when people expect a recession, they cut back, thereby actually CAUSING the recession they were afraid of.

companies are afraid of anemic growth, so they’re not hiring, thereby actually causing the anemic growth

if they’re making the profits, they obviously have the sales. And, as both carlos and I have pointed out, their workforce has been pushed to the max to support the business – they need to start staffing up – which will reinforce growth – which will be good for business.

JohnnyReb

May 8th, 2012
8:45 am

Completely off subject, but I would be willing to concede political points if someone, anyone, would get that stupid Verizon commercial with the crying mom and daughter off the airwaves.

USinUK

May 8th, 2012
8:45 am

“yet many of those businesses never, and I mean never, see a disabled person. Much less sell to one or hire one.”

holy cow.

what effing ROCK do you live under???

TaxPayer

May 8th, 2012
8:46 am

Bozo’s World View?

Has Paul Ryan been in collaboration with the Koch crooks AGAIN!

Fly-On-The-Wall

May 8th, 2012
8:47 am

Oh wait, I know what the problem is! All those businesses are making record profits and sitting on the cash because – these are very uncertain times and they are not sure if they’ll get the tax break they need. So they’ll just continue to make record profits and complain that they’re not making enough money because of our Socialist/Marxist/Oppressive/Kenyan/..(did I leave any out?) President.

Normal Free, Plain and Simple

May 8th, 2012
8:47 am

Jay,
“Doesn’t it bother you that people you apparently trust have played you for a fool?”

Fool is a little harsh, don’t you think? Misinformed, manipulated, and played like a puppet is more humanitarian…

USinUK

May 8th, 2012
8:47 am

Disability facts:

Population Distribution

51.2 million
Number of people who have some level of disability. They represent 18 percent of the population.

32.5 million
Number of people with a severe disability. They represent 12 percent of the population.

11%
Percentage of children ages 6 to 14 who have a disability. This amounts to 4 million children.

72%
Percentage of people 80 and older with disabilities, the highest of any age group.

20%
Percentage of females with a disability, higher than the 17 percent of males. On the other hand, among children under 15, boys were more likely than girls to have a disability (11 percent versus 6 percent).

http://disabledinaction.org/census_stats.html

yet, businesses should take >10% of the population into account in hiring and / or addressing access

unbefrickinleivable

JamVet

May 8th, 2012
8:47 am

Companies should not hire in time of uncertainty.

Then they would never, ever, ever hire.

THAT is the rub of capitalism.

It is HIGHLY uncertain, with no guarantees of success.

For our new age socialists in the GOP, one of the Three Laws of Capitalism:

You are free. Including free to fail.

Oops! Maybe I should write – under certain conditions and only for certain organizations, huh?

You cons have enabled the super-rich, criminally riddled fat cats to make a mockery of American capitalism.

And you seemingly love it – to your own flat-lined income demise.

It is beyond explanation…

USinUK

May 8th, 2012
8:48 am

“because of our Socialist/Marxist/Oppressive/Kenyan/..(did I leave any out?) President.”

you forgot Muslim.

TaxPayer

May 8th, 2012
8:48 am

Why don’t you present the other half truth?

You’re making some bold claims, stevie ray. You got any proof to support them.

Jm

May 8th, 2012
8:49 am

Sorry. How long does it take for a drug to get an FDA ruling?

Let’s see if libs can answer.

M

May 8th, 2012
8:50 am

I so love the “uncertainty” card. How amazing it will be when Republicans rule the world and we know the future before it happens.

USinUK

May 8th, 2012
8:51 am

Jm – according to the FDA audit, roughly 220 days

your point?

Jm

May 8th, 2012
8:51 am

Johnnyreb 8:45 :)

1/2 of America has become fat lazy and feels entitled

It isn’t the conservative half

JamVet

May 8th, 2012
8:51 am

Lied to, though, since when did anybody expect anything else from the powers-that-be, whoever they are at whatever time?

But to suck it down, like a drunk with a big bottle of vodka in front of him???

THAT is inexcusable.

And goes to the very point of the new GOP – remain fiercely uninformed and unempowered.

And deride everyone else who doesn’t do that.

i.e. anyone who gathers together in protest , OTHER than the Tea Partiers…

JohnnyReb

May 8th, 2012
8:52 am

USinUK – posted like the true dogooder you are. In your liberal world you just can’t see a business who wants to serve or hire the disabled actually making their aisles wide enough for a wheelchair and their bathroom user friendly. No, no one would do that without government intervention.

TaxPayer

May 8th, 2012
8:52 am

NO one is for ruining the Earth.

Just because Republicans would turn it into a vast wasteland incapable of supporting human life for a 20% ROI is no reason to think that they are for ruining it. :roll:

USinUK

May 8th, 2012
8:53 am

Johnny – 8:52 – well, considering the fact that they DIDN’T before the ADA made them, I think that answer is fairly self-evident.

kayaker 71

May 8th, 2012
8:53 am

Bookman 8:37,

“You have been lied to” Yes, I have. From health care to Solyndra to the Chevy Volt, I have been lied to. This WH bunch is so full of lies that hardly a day goes by that another lie does not emerge. But we can ignore that, can’t we? Those lies are not important because Julia will be taken care of and government again, will do what is best for it’s citizens. And you liberals will skip through life knowing that “everything will be alright” if government is just given the chance to make our decisions for us, tell us what is best for us and make us pay for their irresponsibility. People bite on things like the farm law thing because they know, just below the surface, there is some government bureaucrat waiting to pass another law to do “what is right for the citizens”. Think that the Second Amendment would have survived without a continual ongoing fight to keep it intact? Nope. So, yeah, I have been lied to….. and if you would just get your head out of the sand and realize it…… so have you.

Jm

May 8th, 2012
8:53 am

I hope Germany just decides to flush Greece

Let ‘em suffer and learn the consequences of bad decisions

Maybe liberals will wake up then

M

May 8th, 2012
8:53 am

Yes, Johnny…businesses have extensive histories of going the extra mile and spending the extra dollar to serve the disabled. That pesky law that got passed was just for show.

USinUK

May 8th, 2012
8:56 am

“Let ‘em suffer and learn the consequences of bad decisions

Maybe liberals will wake up then”

you mean that the US might get kicked out of the EU if Obama is reelected??? ohnoes!!!

josef

May 8th, 2012
8:56 am

ZamVet

“But to suck it down, like a drunk with a big bottle of vodka in front of him???”

Yeah, but homo sapiens has been doing it ever since Ugh got the big stick and Aargh decided that might makes right and crawled off to the back of the cave mumbling maledictions…

Jimmy62

May 8th, 2012
8:56 am

That’a great. Except of course the GOP and the Chamber of Commerce and small businesses across the nation have been complaining more about how he treats small business, which employ far more than big business in aggregate. All those regulations just make for higher barriers to entry, and less new people able to compete.

When a guy’s friends are racists (Wright), terrorist murderers (Ayers), socialists (everyone he knew before he entered politics), and thieves on an unimaginable scale (Corzine), one must wonder about the character of the guy himself.

EJ Moosa

May 8th, 2012
8:57 am

You’d do yourself a really big favor by expanding beyond the Fortune 500 and examine what companines across the nation are doing, and not just 500 companies.

The BEA does that for you. I’ll tell you that number as well. For 2011 profits were a record there too. Up 7.91 %. But well below the improvement of 32.17% for 2010.

And what was the rate of profit growth for those same companies in 2010, as a reference, so we can see whether those profits are strengthening or weakening for the Fortune 500.

he rate of improvement in profit growth has declined rapidly. And this year we are on the patn to no porfit improvement. There goes the job improvement btw.

Bookman will not be writing this same column 1 year from now. Well, he could. But he won’t want to.

We also have record population in the US. You can easily grasp the value of the rate of population growth is the critical factor. Try it with profits to give you a better understanding of the economy.

Meanwhile for the most recent quarter for 1700 Valueline stocks(which include the Fortune 500), profits are up a mere 1.8% from the same period last year.

TaxPayer

May 8th, 2012
8:57 am

Sorry. How long does it take for a drug to get an FDA ruling?

Don’t you just yearn to be able to take a new drug right away that promises longer eyelashes in exchange for what! An increased risk of a heart attack or liver failure or something else as equally insignificant.

Jm

May 8th, 2012
8:57 am

Usinuk

Try six to seven years

Which is better than it used to be. In 1998 it was 7.3 years

UNCLE SAMANTHA

May 8th, 2012
8:58 am

JAY
obama is not a socialist
he is an anti-colonialist and a corporatist

JohnnyReb

May 8th, 2012
8:58 am

USinUK

May 8th, 2012
8:53 am

Johnny – 8:52 – well, considering the fact that they DIDN’T before the ADA made them, I think that answer is fairly self-evident.
__________________________

So, the liberal answer was to make everyone spend money to accommodate even the slightist possibility of someone showing up in a wheel chair.

ADA was another huge intervention by government into private ownership and enterprise. Just as was equal employment laws. Private owners have the right to sell to and hire whomever they wish. Not who the government states.

It has nothing, and I mean nothing to do with compassion and opportunity for the disabled.

JamVet

May 8th, 2012
8:58 am

1/2 of America has become physically unfit (fat) and mentally lazy and feels entitled

It IS the conservative half.

U.S. Census Bureau statistics show that of the 10 poorest states in America, nine are mostly red states. The lowest when it comes to education? Mostly red states. The most obese? Worst health care? Mostly red states.

Own it, semi-literate lard asses! (grin)

USinUK

May 8th, 2012
8:58 am

josef – 8:56 – well … since you brought up cavemen …

http://www.youtube.com/watch?v=hb0ef6NhY74

JohnnyReb

May 8th, 2012
9:01 am

One question before getting to work. How do you dogooders sleep at night? With so much injustice, sleep apnea likely pales.

I would like you better if your problem solving was with only YOUR money.

kayaker 71

May 8th, 2012
9:01 am

And if we are doing so well, why is domestic growth at 1.6%. Bozo and his Treasury Secretary stated awhile back that it would be at least 4% by mid 2012. Someone is not telling the whole story.

TaxPayer

May 8th, 2012
9:03 am

And if we would just find it in our hearts to show that we care about the profits of companies such as BP and Koch Industries, etc., by removing those worthless regulations on little trivial things like oil or tar sand spills in our drinking water or in our fishing waters, just think of the jobs that could be… Oh fainting couch. Wherefore art thou Oh fainting couch. Those heartless Democrats will do anything to block corporate profits!

Jm

May 8th, 2012
9:04 am

Usinuk 8:56 u r the queen of deflection

Kam is your king of the Deflection Realm

USinUK

May 8th, 2012
9:04 am

Jm – 8:57 – prove it.

Normal Free, Plain and Simple

May 8th, 2012
9:05 am

UNCLE SAMANTHA

May 8th, 2012
9:05 am

welcome to a lost decade
slow growth for the country
large profits for multinational corporations

get over it people

its what we get for allowing both parties to try to solve our problems when they created them in the first place

USinUK

May 8th, 2012
9:05 am

Jm – 9:04 – and you are the king of apples-and-oranges.

Jm

May 8th, 2012
9:05 am

Isn’t the government going to finish yucca mountain waste disposal site any day now? Oh wait….

USinUK

May 8th, 2012
9:07 am

Johnny – “the liberal answer was to make everyone spend money to accommodate even the slightist possibility of someone showing up in a wheel chair.”

yes. yes, it is. 10% of the population has the same rights to access business and job opportunities as the remaining 90%

sorry you don’t like it