Jerry Barnes <[email protected]> wrote:
>
>
> Wow.  It's almost like our country has become a Corpocracy instead of a
> democratic republic.
>

It's the deficit that's funding the corporations!  Ain't something you
heard about during the election!

http://www.businessinsider.com/fiscal-cliff-connection-between-corporate-profits-and-deficits-2012-10

But there's another reason the Fiscal Cliff matters to corporations
that goes beyond taxes...

You've probably seen this famous chart of Corporate Profits as a share
of GDP. It's a pretty rough approximation of corporate profit margins,
and it shows that margins are very close to an all-time high. Not only
are they at an all-time high, but they're way out of line with recent
decades.

As you can see in the chart, what REALLY stands out is the huge
explosion of the red area (representing government deficits), helping
to drive corporate profits at a time when nothing else is doing the
work.

Bottom line: The deficit is a major driver of corporate profits.

Read more: 
http://www.businessinsider.com/fiscal-cliff-connection-between-corporate-profits-and-deficits-2012-10

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