Obviously when the S&P 500 index has rebounded by almost 50% in the time that Obama has been president, the only thing left to do is publicly blame him for all the horrible and destructive socialist policies he is pursuing. After all, how else can someone explain that "American companies just had their best quarter ever, earning profits at an annual rate of $1.659 trillion in the third quarter." Deutsche Bank has stated that corporate profits per worker have rebounded to nearly an all-time high in the period. In addition, the banking industry, oil companies, and health insurance companies, all companies with extensive lobbying operations, are all likely to break profit records for 2010.
How this comports with the general narrative that Obama and the Democrats have created a climate of legislative uncertainty is unclear. American businesses are now as or even more profitable than they were before the start of the great recession. The only intelligent answer is that Obama's policies have greatly benefited big business, while it has done little to significantly reduce unemployment and mobilize those people whose jobs have been offshored into gaining new skills and meaningful careers.
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