Deficits Make A Difference To Corporate Profits

As a political animal I’ve always admired the way the republican elite keep the sheep in their fold.   The truth is the powers in the republican party have no interest in making abortion illegal since that is an issue they use to keep the religious zealots in their fold.   They vote against any sane gun control measure not because they think everyone walking around with a machine gun makes society safer, but because it keeps the NRA and gun nuts in their fold.

I came across the following chart today and it shows the correlation of higher individual and government debt to corporate profits:

Our national debt is at it’s highest ever, as are corporate profits. The truth is, despite all the crap they spew about wanting smaller government and fiscal responsibility and running government like a business, big debt and more borrowing is good for profits. So the stories of the looming “fiscal cliff” which means tax rates go back to what they were during the Clinton years, which of course were boom times for just about everyone, are crap spun around to make sure the rich keep getting richer while the poorest and most in need of government help get the shaft. And as Romney implies, they’re all moochers anyway. We’ll broaden the base and tax hell out of them. But God forbid the wealthiest and those who benefit the most from our system make a little less or pay a little more.

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